Sinn Féin has proposed Illegal Israeli Settlements Divestment Bill 2023 to compel Ireland Strategic Investment Fund to divest assets in firms operating in settlements
The Ireland Strategic Investment Fund has invested in 11 companies on the UN’s database of companies operating in West Bank settlements. Photograph: Dan Kitwood/Getty Images
“The adoption of the full UN list in domestic legislation would make us an international outlier – to our knowledge no other State has adopted this list into primary law,” he will tell the committee.Gerry Thornley’s Six Nations 2024 Team of the Tournament The Government last year passed an amendment that delayed progress on the Sinn Féin Bill to allow for further consideration among officials.
“Turning to our investments in companies listed on the UN database, it is important to be clear that these arose through the manner in which external investment managers select global investments on our behalf,” According to the opening statement due to be delivered by director of ISIF Nick Ashmore. “This would align with the legal advice received and referred to by my finance colleagues which indicates that there needs to be a solid basis on which to include companies on a list to mitigate possible legal challenge.”
Meanwhile, ceasefire talks are resuming this week in Qatar after Israel rejected a Hamas counterproposal last week. An Israeli delegation travelled to Qatar on Monday, although an Israeli official said any agreement would take at least two weeks to finalise.
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