ICSID Dismisses Claim Against Mexico Relating To Blockades Affecting Mining Project

In recent days, the International Centre for Settlement of Investment Disputes (“ICSID”) issued an arbitral award dismissing a claim for approximately $408 million dollars brought against the United Mexican States in connection with the alleged impacts suffered by a mining project as a result of blockades and access restrictions within the project area, which, according to the investor, adversely affected the development and operation of the project.

The dispute arose from a mining company’s inability to develop and operate a mining project over an extended period of time due to various obstacles that restricted access to the project facilities.

The investor argued that the Mexican authorities failed to adopt sufficient measures to prevent or timely resolve such disruptions, thereby preventing it from fully using and enjoying its investment. Based on those circumstances, the investor alleged that the Mexican State had breached various obligations under the international investment