Irish State to divest almost €3m from companies engaged in Occupied Palestinian Territory

Finance Minister Michael McGrath said Ireland's main fund would divest from six companies that have certain activities in the occupied territories

Mr McGrath said the divestment will be implemented as soon as possible over the coming weeks. Photo credit: Brian Lawless/PA Wire

The Irish State is to divest almost €3m from companies engaging in activities in Occupied Palestinian Territory. 

Finance Minister, Michael McGrath announced on Friday morning that the Irish Strategic Investment Fund (ISIF), the State's main fund which is controlled and managed by the National Treasury Management Agency, will divest from six companies in its global equity portfolio that engaged in activities within Israeli settlements.