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Private Sector

News

ICSID to hear Cargill case against Poland

27 July 2004

US-based agricultural giant Cargill has filed a $130 million claim against Poland at the International Centre for Settlement of Investment Disputes (ICSID), the World Bank arbitration tribunal. The multinational alleges a breach of a 1994 US-Poland investment treaty. Cargill says it has received treatment less favourable than its competitors in the Polish sugar industry, after changes were made to quotas as a requirement of EU accession.