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Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: The article is very clear that the Bill conflicts with Article 215 of the Treaty of the European Union, which is intended to preclude individual member states from issuing their own restrictive measures, which could undermine the integrity of how the EU conducts its external affairs policies. The reason for that, again, is that the EU has shown its ability to make progress when it acts in a...

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----and which did not happen in the earlier statements from Sinn Féin-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----is intended to prevent the sale of Israeli bonds throughout the European Union. However, we cannot promote or even propose national legislation that prohibits the sale of something at EU level. Any actions taken by Ireland must recognise the distinction between policy areas at a national level and those at an EU level.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: Even if this Bill were to be enacted, Israeli bonds-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----would still be available to retail investors across the EU and further afield. Let me repeat that: even if this Bill were to be enacted, Israeli bonds would still be available to retail investors across the EU and further afield.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: The Government does not support enacting legislation that is ineffective.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: Finally, the advice I have received on the Private Members' motion is that for the reasons I have outlined, it is in conflict with the treaties of the European Union and our obligations as a member state.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: It does not materially impact-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----on the ability of Israel to raise money by selling bonds.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: If our goal is to uphold the rule of international law then we must be sure not to violate it.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: Let me conclude on this point.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: What we have done as a Government-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----is made very clear our condemnation of what is happening to the people of-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: We have been at the forefront of the diplomatic activity within the EU to do this. We have also been to the fore in going to the International Criminal Court, our support for UNRWA-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----and by making the case for change with regard to the EU-Israel trade agreement.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: The images that I know are a reality for so many-----

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: -----are being used shamefully here to make political points.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: What they cannot do is afford a distraction from the detail of a Bill that is not able to deliver on the claims that have been made about it. They are asking the Dáil to support a measure that we as a Government believe and have been advised is ineffective.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: Tomorrow will mark the anniversary of Ireland's recognition of the State of Palestine.

Restrictive Financial Measures (State of Israel) Bill 2025: Second Stage [Private Members] (27 May 2025)

Paschal Donohoe: It will mark a further year in which the Government has taken the steps it can to aid the people of Gaza.

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