The CPEC will provide a platform for bringing together South and Central Asian, Middle Eastern and African countries by physically joining them through an economic corridor, Dawn News quoted Iqbal as saying.
The USD 50 billion CPEC passes through Pakistan-occupied Kashmir (PoK), over which India has conveyed its protests to China. The area covers Karakoram mountain ranges, including the Siachen glacier.
India has been severely critical of the CPEC, saying the project violates its sovereignty as it runs through PoK.
"CPEC is not a conspiracy against anyone. It is not a security plan. Its a plan for economic prosperity, which is bringing investment in the energy, infrastructure and other key sectors," said Iqbal when reminded of US objections to the plan to build a corridor.
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Defence Secretary James Mattis last week said the CPEC passes through disputed territory and the US could not ignore this fact.
However, Iqbal said US concerns about CPEC were unfounded.
"It will benefit all and will provide a platform for bringing together South and Central Asian, Middle Eastern and African countries by physically joining them through an economic corridor," he said.
"So, I think, the US should not look at CPEC from the Indian perspective, but as a source for peace, stability and prosperity in the region. CPEC can bring the much-needed stability to a region that has suffered from war for the last several decades," Iqbal added.
"If the US looks at the region from Indias perspective, it will harm the region and US interests too. So, its necessary that the US should view the situation from an independent perspective, not from someone elses point of view," he said.
Viewing Pakistan from someone elses perspective would create complications and only terrorists would benefit from it, he added.