Finance Minister Michael McGrath should present the Irish government with a proposal on how to deal with investments made in Israeli companies operating in the Palestinian territories occupied by Israel, The Journal writes on November 23.
During his speech in Parliament, the Minister stated that his department was working with the Irish Strategic Investment Fund (ISIF) to find a solution to this problem. The government has shelved Sinn Féin’s proposed divestment bill for nine months. This time should be used to amend the bill.
“I know this is a difficult situation to resolve and will take time and careful consideration to get right.”“The minister explained to the deputies, stating that the cabinet of ministers is busy looking for the most appropriate course of action. He clarified that he also interacts with the director of the National Treasury Management Agency (NTMA) and the chairman of the Foreign Affairs and Defense Committee.
4.2 million euros (405 million rubles) of public funds were invested in the Israeli companies in question.
Let us remember that many in Ireland condemn Israel’s actions in the Gaza Strip; Demonstrations in support of Palestine are periodically held in Dublin.
Source: Rossa Primavera
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