The Government will continue to support efforts âto hold Russia accountable for its unprovoked war on Ukraineâ despite threats from the Russian officials of an âinevitable responseâ to Irelandâs âcriminal behaviourâ.
Responding to criticism from the Russian embassy in Dublin, the Department of Foreign Affairs (DFA) doubled down on the European Unionâs decision to seize profits from Russiaâs frozen assets to fund weapons and aid for Ukraine.
In a statement, the DFA said Irish support efforts would include âthe use of revenue from frozen Russian assets to finance Ukrainian security and reconstruction needsâ.
As Irish institutions do not hold any sovereign Russian assets, the EUâs decision âdoes not directly affect the Russian assets held and frozen in Ireland by sanctioned individuals and entities, amounting to approximately â¬1.9 billionâ, noted the department.
Last week, all 27 EU member states formally adopted a deal to use the âextraordinary revenue generated from immobilised Russian sovereign assetsâ to support Ukraine, said the department. The money will come from the interest earned on the roughly â¬200 billion in Russian Central Bank funds held in the EU
The decision followed an EU agreement in February that this revenue be used to support Ukraine âas it seeks to protect its territorial integrity, sovereignty and its people from the ongoing brutal and illegal Russian invasion,â said the DFA statement.
The Russian embassy in Dublin, which is headed by ambassador Yuriy Filatov, strongly criticised the State for signing up to the deal, accusing Ireland of engaging in âcriminal behaviourâ.
The move is a compromise deal and stops short of seizing the deposits entirely. It will free up about â¬3 billion a year which will be sent to Ukraine in the form of cash and military materiel.
In line with its policy of military neutrality, Ireland abstained from agreeing to support the use of the funds for lethal military aid. However, it will support the money being used for non-lethal supplies.
The Russian embassy accused the State of signing up to an âunprecedented and illegal decision, which has nothing to do with the norms of international law and so-called ârules based orderâ, hailed by Irelandâ.
It accused Ireland of being an accomplice in âoutright theftâ and said it has now shown itself to be a âparticipant in the Westâs hybrid war against Russiaâ.
âWhat had begun with EU sanctions and freezing of the Russian state assets is now a full scale robbery in a broad daylight, similar to what the West has previously done to other countries, which were deemed as âhostileâ to Washington or Brussels.â
The embassy claimed the move will inevitably lead to a âfurther economic decline of the EUâ as well as other consequences.
Ireland is âresponsibleâ for the seizure and âshould be prepared to take responsibility for their actions,â it said. The embassy called the move âan economic aggression in clear violation of all legal norms and a hostile political actâ.
It said its response will be âinevitableâ and âwill come in the form that best suits Russiaâs interestsâ.
Ireland has donated more than â¬90 million to Ukraine in stabilisation and humanitarian support since the war stated as well as committing to providing some â¬250 million in non-lethal military assistance.
The Defence Forces has also trained 400 Ukrainian troops in various fields including tactical combat casualty care, demining and drill instruction training.