Corn Products v. Mexico Corn Products International, Inc. v. United Mexican States (ICSID Case No. ARB(AF)/04/1)
United States of America
Wholly-owned subsidiary engaged in the large scale production of high fructose corn syrup industry in Mexico.
Claims arising out of Mexico's 2002 adoption of a tax on high fructose corn syrup allegedly aimed at protecting Mexico's domestic sugar producers and excluding high fructose corn syrup from the soft drink sweetener market.
Secondary: C - Manufacturing
10 - Manufacture of food products
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Greenwood, C.
Lowenfeld, A. F.
Serrano de la Vega, J.
Tron, M. (replaced)
Decided in favour of investor
325.00 mln USD
58.00 mln USD
Indirect expropriation

National treatment

Performance requirements
National treatment