Dáil Éireann Debate, Wednesday - 18 April 2018
111. Deputy Catherine Connolly asked the Minister for Business, Enterprise and Innovation the likely impact of the recently announced US Treasury sanctions against Russian oligarchs for both Irish and overseas companies operating here; and if she will make a statement on the matter. [16873/18]
Amharc ar fhreagra112. Deputy Catherine Connolly asked the Minister for Business, Enterprise and Innovation the likely impact of the recently announced US Treasury sanctions against a person (details supplied) on a business; and if she will make a statement on the matter. [16874/18]
Amharc ar fhreagraI propose to take Questions Nos. 111 and 112 together.
The Government is currently working to determine the extent to which the recent sanctions announced by the US Government will impact on companies operating in Ireland. It is very much aware of the risk, in particular, for Aughinish Aluminia. I have already spoken directly with the company's CEO about the situation and the Taoiseach met with its senior management in Limerick last week. The IDA has also been in regular contact with the firm since details of the sanctions first emerged.
This though remains a fluid situation, with businesses still assessing their own respective potential legal and commercial exposure.
