Dáil Éireann Debate, Tuesday - 8 March 2022
413. Deputy Michael Creed asked the Minister for Further and Higher Education, Research, Innovation and Science the level of Russian investment in the Irish University sector; the source of this investment; the steps if any he intends to take with respect to this investment given the recent invasion of Ukraine by Russian forces; and if he will make a statement on the matter. [12888/22]
View answerFirstly I want to start by reiterating the Government’s utter condemnation of Russia’s actions in Ukraine as illegal and immoral.
This is an evolving situation and the Government is committed to taking actions necessary to support the people of Ukraine as well as hard-hitting sanctions against Russia.
In terms of financial sanctions and restrictions, each Member State is required to designate competent authorities that are engaged with sanction issues. In Ireland, the three competent authorities are: the Department of Foreign Affairs; the Department of Enterprise, Trade and Employment; and the Central Bank of Ireland. My Department will engage with the competent authorities on any issues identified in terms of Russian investments.
