ISLAMABAD – *Pakistan’s ambassador to UAE Moazzam Ahmad Khan had said thatPakistan would happily share the benefits of CPEC with the UAE.*

“Even Saudi Arabia has agreed to become a third party,” he told *Gulf News*link.“We really feel that this initiative can turn Pakistan into a hub fortrade, economic connectivity and industrialization.”

Khan said that he expects more investments to flow into Pakistan afterPrime Minister Imran Khan’s visit to the gulf country last week.

PM Khan visited the UAE on September 19 and held talks with Crown Prince ofAbu Dhabi Shaikh Mohammad Bin Zayed Al Nahyan and Deputy Supreme Commanderof the UAE Armed Forces to boost ties.

“The two sides have decided to take the relationship to the next level andexpand it further in all areas, including investment, trade, defence andsecurity cooperation,” he said.

The ambassador said that bilateral trade reached $8.6 billion for thefinancial year 2017-18 compared to $6.2 billion in the previous financialyear (2016-17).

“UAE companies are also investing heavily in Pakistan, especially intelecom, refinery and ports and the total investment from the UAE is $3 to$4 billion,” he added.