The 2004 Peace and Friendship Cup was a two-day preseason men's football friendly tournament hosted by Persian Gulf Pro League clubs Foolad Khuzestan B and Esteghlal Ahvaz U20.

The tournament was played between clubs from the cities of Ahvaz, Iran, and Basra, Iraq; both cities are located on the Shatt al-Arab.

The lone edition of the tournament took place on 16 and 18 February 2004 and featured Foolad Khuzestan B, Esteghlal Ahvaz U20, Al-Mina'a, and Naft Al-Junoob.

[1] The winners of the tournament were Al-Mina'a, who defeated Foolad Khuzestan B in the final.

The winners of each of the two matches on the first day compete against each other for the tournament title, while the two losing sides play in a third-place match.