Dáil debates

Thursday, 9 May 2024

Ceisteanna Eile - Other Questions

Ukraine War

11:00 am

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

The World Bank estimates that the reconstruction bill for Ukraine will be $486 billion over the next decade. That will continue to rise each day. We are engaged in discussions on short-term recovery efforts including the provision of prefabricated homes to support communities. We have made financial support available to do that. A recovery conference will be held in Berlin in June.

There have been 13 targeted sanctions packages so far, with over 2,000 individuals and entities now subject to European Union restrictive measures. Ireland has frozen approximately €1.9 billion of funds belonging to such individuals and entities. Discussions on a fourteenth package are ongoing. We will continue to support measures to effectively implement sanctions and combat circumvention, particularly any work to limit Russia's access to sensitive items and battlefield goods. We support the work of the EU sanctions envoy, Mr. David O'Sullivan, an Irishman who has done a great deal of effective work on the circumvention issue on behalf of the European Union.

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