PHNOM PENH, Feb 9 (Reuters) - Cambodia is in talks to build the country's biggest sugar plant, worth $100 million, as part of a joint venture with a French company that would help revive an industry that collapsed during the country's lengthy civil war.
The Mong Reththy Group plans to build the country's second sugar plant since the 1970s and hopes to produce 80,000 tonnes of annually within three years for export to European markets, the company's president told Reuters on Tuesday.
The project aims to take advantage of the European Union's "Everything But Arms" trade initiative, which allows tariff-free imports of any product except weapons from poor countries.
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