Pakistan, June 28 -- Pakistan Business Forum (PBF) has welcomed the emerging regional environment following the recent de-escalation of tensions, saying that peace in the region should now be translated into economic prosperity for the people of Pakistan and Iran.

Chief Organiser of PBF, Ahmad Jawad, said Pakistan's constructive diplomatic engagement in promoting dialogue and regional stability has created an opportunity to reset economic relations with our western neighbour. "He said political goodwill must now be converted into practical economic cooperation through trade, investment and energy connectivity".

Jawad said that despite sharing a 900-kilometre border, historical ties and complementary economies, official bilateral trade b...