PHNOM PENH, May 12 (Reuters) - Cambodian rights groups and villagers urged the government on Wednesday to reverse hundreds of land concessions awarded mostly to sugar companies, saying villagers were suffering.
The Cambodian government was believed to have allowed foreign investors involved in joint ventures to do business on land larger than 10,000 hectares (24,710 acres), which is against the law, said Ny Chakrya, chief investigator for rights group Adhoc, at a briefing.
World sugar prices surged to a 29-year high of 30.40 U.S. cents per lb in February, encouraging sugar millers to move into Cambodia, hitherto a net importer of sugar, to produce for export to the European Union.
They can take advantage of a scheme known as "Everything But Arms", which lets developing countries export certain products tariff-free to the EU.
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