Agriculture & food

The investor-state dispute settlement (ISDS) mechanism included in most trade and investment agreements gives foreign investors the right to challenge national laws and regulations related to agriculture and food, would these regulations represent an obstacle to their profits.

About 4% of all ICSID cases concerned agriculture, fishing and forestry issues as of end of 2014.

Most well-known cases include:

• Corn Products International (US) vs. Mexico: in 2009 US$58.4 million were awarded to the agribusiness producer of high fructose corn syrup (HFCS) – a derived sweetener linked to obesity. The investor challenged a government tax levied on beverages sweetened with HFCS (NAFTA invoked).

• Cargill (US) vs. Mexico: US$90.7 million awarded to the food-processing giant in 2009. The investor successfully challenged the abovementioned Mexican tax on HFCS (NAFTA invoked).

• Micula (Sweden) vs. Romania: US$250 million awarded to the multiple food-processing company in 2013, following the termination of incentives from the Romanian government in order to comply with EU law (Romania-Sweden BIT invoked).

(October 2015)

Global Info | 29-Mar-2005
We zullen hieronder onderzoeken hoe bilaterale investeringsverdragen (BITs) en vrijhandelsovereenkomsten (FTAs) die specifieke investeringsbepalingen bevatten zowel geopolitieke als economische belangen reflecteren. We zullen ook zien hoe deze overeenkomsten helpen om de rechten en privileges van transnationale ondernemingen opnieuw te formuleren, waaronder commerciële controle over biodiversiteit door intellectuele eigendomsrechten IPR (Intelectuel Property Rights).
Seedling | 17-Mar-2005
Examines how bilateral investment treaties and free trade agreements which contain specific investment provisions reflect geopolitical concerns and redefine rights and privileges for transnational corporations, including with respect to commercial control over biodiversity through intellectual property rights.
| 12-Jan-2005
The graffiti on the walls in Quito ask if the Free Trade Agreement (FTA) that the US is pushing on Colombia, Peru and Ecuador means that our days are numbered.
| 12-Jan-2005
En estos días las pintas quiteñas preguntan si con el Tratado de Libre Comercio (TLC) que EEUU está impulsando con Colombia, Perú y Ecuador ¿tenemos los días contados?

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