LAHORE: British High Commissioner Philip Burton has put his country’s weight behind the China-Pakistan Economic Corridor (CPEC), saying that the $46-billion mega project marks a new dawn for the South Asian country.
Burton, speaking during his visit to the under-construction Nishat Emporium in Lahore, said the international community was once again looking at Pakistan with confidence.
“I am looking at a reverse of brain drain in Pakistan,” said Burton. “The CPEC would prove to be the game changer. A new Pakistan is emerging due to the state of the art development projects.”
He said the country’s security situation has improved significantly, which helps in stabilizing the country’s economy.
However, he reminded Pakistani manufacturers to adhere to international conventions on human rights and labour standards for continued access to EU markets under the GSP Plus status.
“We would like Pakistani companies to have the best opportunities in EU markets. More British brands are coming to Pakistan, giving a boost to the domestic retail sector.”
