ISLAMABAD (APP) - Speaker National Assembly Dr. Fehmida Mirza on Friday said that Pakistan values its relations with Iran, as the two countries are bonded in the eternal ties of religion, culture and history and having commonality of views and perceptions on all regional and global issues. She was talking to Iranian Foreign Minister Manouchehr Mottaki who called on her in the Parliament House Friday. The Speaker said that relations between Iran and Pakistan were centuries old and deep rooted that could be further strengthened through enhanced economic cooperation and exchange of parliamentary delegations. She said that Islam is a religion of peace and tolerance that abhorred terrorism and extremism in all its forms and manifestation.  She underlined the need to fight the menace of terrorism jointly. The Speaker said that the Muslim Ummah was confronting challenges that can be resolved through forging unity among the Muslim countries. She said that there were misperceptions in the western countries about Islam and urged religious scholars and media to play their role to dispel the misperceptions of the west. She said that Pakistan believed in peaceful resolution of international problems and wanted peace in Iraq and Afghanistan, as it was essential for development and prosperity in the region. The Speaker said that the newly established democratic government in Pakistan was facing challenges like energy shortages, inflation and rampant poverty in the country for which it needed time and support of friendly countries like Iran. She underlined the need for early start and rapid completion of  the IPI Gas Pipeline Project. She also underlined the need for enhancing investment and economic cooperation between the two countries. The Speaker stressed enhanced exchange of parliamentary delegations for strengthening ties between the two countries. The Foreign Minister of Iran appreciated Fehmida Mirza's election as first Woman Speaker of the Muslim World and termed it a blessing for Pakistan and Muslim Ummah. He congratulated the Speaker on restoration of democratic process in Pakistan and prayed for its strength and continuity. Paying tributes to late Mohtarma Benazir Bhutto, he termed her assassination an irreparable loss to Pakistan and the Muslym World. He invited the Speaker on behalf of the Speaker of Iranian Parliament to visit Iran.                     The Foreign Minister of Iran said that Muslim world needed to join hands to combat terrorism and the emerging misperception of Islam in the west. He said that Iran appreciates Pakistan's stance on issues in the region. He said that strong and stable Pakistan was essential for stability in the region. He said that Pak-Iran economic cooperation and trade needed to be enhanced. He underlined the need for expediting   IPI Gas Project and Pak-Iran Bus Service.