Many EU companies to participate in CPEC projects: Ambassador

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Many EU companies to participate in CPEC projects: Ambassador

LAHORE - Ambassador of the European Union, Jean Francois Cautain says the decision to continue with GSP Plus status to Pakistan will be made on the basis of biannual review during next week by the EU Parliament.

Addressing at the Faisalabad Chamber of Commerce & Industry, he said security situation in Pakistan has improved and it will attract foreign investment from EU countries.

Responding to industrial zones of CPEC, he said that many European companies are considering to participate in it, which would bring a new Foreign Direct Investment (FDI) to Pakistan.