Bloomberg Talks Ireland's Thomas Byrne Talks Russia Sanctions, China Trade
Oct 22, 2025
Thomas Byrne, Ireland's Minister of State for European Affairs and Defence, dives into crucial EU strategies on Russia sanctions and China's trade policies. He emphasizes the need for unity among member states on sanctions and discusses the innovative idea of using frozen Russian assets to finance support for Ukraine. Byrne navigates Ireland's stance on neutrality regarding military aid while advocating for the acceleration of Ukraine's EU membership. He also addresses the importance of adhering to WTO rules in response to China's export curbs, promoting competitiveness without sacrificing climate goals.
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EU Unity Key To Stronger Russia Sanctions
- Ireland expects EU unity to secure further sanctions on Russia and continue leveraging financial power to support Ukraine.
- Using immobilised Russian assets to help Ukraine is being pursued but needs leaders to request Commission proposals first.
Call Commission To Propose Use Of Frozen Assets
- Leaders must instruct the European Commission to bring forward proposals to use immobilised Russian assets for Ukraine.
- Member states should negotiate those proposals, recognising some have specific legal concerns, like Belgium.
Ireland's Practical Support For Ukraine
- Ireland has provided significant defensive military support and hosted many Ukrainian refugees, roughly 2% of its population.
- As a neutral country outside military alliances, Ireland still firmly supports Ukraine's right to self-defence.