Occupied Territories Bill Could Pose Risks for US Companies in Ireland

The proposed Occupied Territories Bill could pose significant risks to American companies operating in Ireland due to US laws that prohibit compliance with such legislation, according to legal analysis provided to the Oireachtas foreign affairs committee. The bill aims to restrict trade with Israeli companies in the occupied Palestinian territories, potentially impacting services as well.

The analysis highlights that the bill conflicts with US laws that oppose BDS activities against Israel, with many states requiring companies to certify non-boycott policies. This could lead to challenges for US companies in Ireland, facing conflicts with US state and federal laws and potential divestment risks.

With 970 US companies in Ireland employing 378,000 people and contributing significantly to the economy, the legal opinion warns of liability risks and negative publicity for companies that comply with the Irish legislation. The issue is gaining attention in the US political and legal spheres, with concerns about an anti-Israel agenda and potential impacts on US-Ireland relations.

Despite the Government's commitment to advancing the bill, there are apprehensions among some officials about the repercussions of its enactment.

According to the source: The Irish Times.