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Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: I will be very brief. I do not want to go back over what has been raised. I apologise for being late. Unfortunately, I had an event in Cork today I had to come back up from. On the EU prospectus regulation, as a result of this issue with Israel coming up, has there been any discussion at European level? This same issue could arise with another country in 12 months' or two years' time....

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: The whole issue is about not having restrictions. What occurred in the country in question was appalling. It is genocide and there is no question about that. That state is able to borrow money to continue on. It will argue it was not used for the war itself but it is being used in the occupied territories, etc. Is there not now an obligation from a European point of view? The whole...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: What I am asking is whether there has been a discussion on the need-----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: -----in the sense that when the EU process was established, it was about bringing peace and restoring peace.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: But can central banks not-----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: Yes, but can central banks not look at this from their own point of view, because the process has to come through one of their units in whichever country it is? Is there then not a role for the central banks to play their part and maybe influence people from a political point of view as well?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: Would it be worth the Irish Central Bank raising it at EU level to have this whole issue looked at?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: Is there not a need for feedback because of what occurred here? We were signing off on the approval so the moneys could be borrowed and the loans made available. I know quite clearly Israel is saying the money is not being used for the war effort but at the same time it is being used to sustain the economy so the war effort can continue. What I am asking the Governor, therefore, is whether...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: Specifically, has the bank contributed on this particular issue of the obligation on central banks at a European level to sign off on a prospectus when they have very serious concerns even though, as I said, the money is not being-----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: The bank is part of the feeding-in of information to the decision-makers, however. Is it not time to start that feeding-in of information, with a stricter set of rules put in place to address states carrying out these acts? As the Governor pointed out, we were able to do it with Russia but we were not with Israel.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: The Governor will accept there is very little difference between what Russia did and what Israel did. In fact, there is no difference. What is worse in the whole Gaza effort is that there is no national army, there is a terrorist organisation, which is fighting against a really well-equipped army, but no effort being made to protect the innocent civilians in that process. Therefore, there...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Colm Burke: It has been a huge achievement over the last 45 to 50 years, but it is then about trying to convey that to other parts of the world. Part of that process would be making sure the countries that are carrying out these atrocities do not use the EU or its member states to avail of funding and avail of people who are prepared to invest.

Ceisteanna Eile - Other Questions: Foreign Policy (21 Oct 2025)

Colm Burke: How much progress has been made on expanding the list of goods which will be exempt from the 15% tariff? Has progress been made on the cost of visa applications and is there likely to be further progress made over the next two to three months?

Ceisteanna Eile - Other Questions: Foreign Policy (21 Oct 2025)

Colm Burke: 96. To ask the Minister for Foreign Affairs and Trade to report on his recent meeting with US Secretary of Commerce Howard Lutnick; and if he will make a statement on the matter. [57158/25]

Ceisteanna Eile - Other Questions: Foreign Policy (21 Oct 2025)

Colm Burke: The Tánaiste recently met with the Secretary of Commerce, Howard Lutnick, in Washington. He might outline the progress that was made as a result of that meeting.

Ceisteanna Eile - Other Questions: Foreign Policy (21 Oct 2025)

Colm Burke: One of the problems we have with the US is that there is a view out there, especially in America, that it is a one-way street. America thinks that we have all the advantages in the sense that we export quite a large volume of goods, especially in the pharmaceutical area. The point the Tánaiste made that Irish companies have created over 200,000 jobs there indicates that it is very much...

Ceisteanna Eile - Other Questions: International Relations (21 Oct 2025)

Colm Burke: I very much welcome the question raised on the historical and the cultural aspects. There are also trade aspects and how the State focused on trade with the US over the past 35 or 40 years. The Government now needs to focus on Canada and how it can get Canada to invest more here because of its access to the European market, but likewise so that we can export to Canada. We have already got...

Written Answers — Department of Foreign Affairs and Trade: International Relations (21 Oct 2025)

Colm Burke: 169. To ask the Minister for Foreign Affairs and Trade the timeframe for when the new Ireland-Scotland Cooperation Framework will be launched; and if he will make a statement on the matter. [57159/25]

Written Answers — Department of Justice and Equality: Statutory Instruments (21 Oct 2025)

Colm Burke: 611. To ask the Tánaiste and Minister for Justice and Equality the progress made since the publication of two reports (details supplied) toward the introduction of periodic payment orders for catastrophically injured people; the work he wishes to undertake in this area, as well as a timeline for their introduction; and if he will make a statement on the matter. [57253/25]

Written Answers — Department of Justice and Equality: Citizenship Applications (21 Oct 2025)

Colm Burke: 601. To ask the Tánaiste and Minister for Justice and Equality if he will consider reopening citizenship applications (details supplied); and if he will make a statement on the matter. [56994/25]

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