Russia will relocate naval exercises that were due to take place off the Irish coast after a diplomatic intervention.
Vladimir Putin's nation was due to carry out a series of military drills around 240km off the coast of Ireland over several days next month.
The move created controversy when it emerged the exercises would take place within Irish airspace and Ireland's 'Exclusive Economic Zone' (EEZ).
Figures ranging from Taoiseach Micheal Martin to Russian Ambassador to Ireland Yury Filatov were those giving responses to the event during the week.
But Foreign Affairs Minister Simon Coveney said he had received assurances from his Russian counterpart Army General Sergey Shoygu about the controversial missile drills.
He tweeted this evening: "This week I wrote to my counterpart, the Minister of Defence of Russia, to request a reconsideration of naval exercises off the Irish coast.
"This evening I received a letter confirming the Russian exercises will be relocated outside of Ireland’s EEZ.
"I welcome this response."
In a statement, the Russian ambassador to Ireland Yury Filatov said: "In response to the requests from the Irish government as well as from the Irish South and West Fish Producers Organisation, the Minister of Defence of the Russian Federation Sergey Shoigu has made a decision.
"As a gesture of goodwill, to relocate the exercises by the Russian Navy, planned for February 3 to 8, outside the Irish exclusive economic zone (EEZ), with the aim not to hinder fishing activities by the Irish vessels in the traditional fishing areas."
Irish fishermen had planned to travel to the area to disrupt the Russian naval plans in a bid to protect their fishing stock.
Representatives of the Irish fishing industry met the Russian ambassador to Ireland on Thursday, later claiming to have been a given a guarantee that their fishing grounds will not be affected by the navy exercises.
That claim was partially disputed by a spokesperson for the Russian embassy, who said it was "not true" that an agreement had been reached on "buffer zones" in the area for fishing boats.
The Department of Transport had also issued a marine notice that the Russian navy was set to carry out manoeuvres off the south-west coast of Ireland from next Thursday.
Earlier, independent TD and former army ranger Cathal Berry had joined calls for politicians to monitor the Russian military exercises.
He said the “live fire exercise” by Russia could pose a risk to the world’s highest capacity underwater cable connecting Europe and North America.
He warned: “This is the Achilles’ heel and Ireland does not have any military radar to monitor what is happening.”
In a debate on RTE radio Senator Gerard Craughwell also said he wanted to take part in a monitoring mission on board an Irish naval vessels.
Mr Coveney said he had written to General Shoygu outlining his concerns over the exercises by a foreign military in the context of rising tensions between Russia and Ukraine.
It is not yet known where the exercises will take place but Mr Coveney said that is now a matter for the Russians, adding: “This is a good result for diplomacy.”