The question of the financing of operational expenditure for actions taken under the common foreign and security policy has been discussed at the General Affairs Council of the European Union on a number of occasions, most recently on 22 January last. Under the Maastricht Treaty, such expenditure may be financed from the budget of the European Communities or in whole or in part by national countributions by member states. Where the option of national contributions is used, the shares payable by each member state are normally calculated by reference to a key related to their respective gross national products. On this basis, Ireland's share is currently 0.65 per cent of total expenditure financed by national contributions.
Member states, including Ireland, have generally indicated their willingness to agree to Community financing for actions arising from the CFSP. However, this is on the understanding that the Council's responsibility for decision-making under CFSP, as provided for in the Maastricht Treaty, is respected and that the European Parliament's scrutiny role in the Community budget procedure is exercised in a manner consistent with the Council's prerogatives in relation to CFSP expenditure. Discussions are continuing with the Parliament with a view to reaching a general understanding in this regard. In the meantime, the Council is deciding on the source of financing of common foreign and security policy measures on a case-by-case basis.
Pending the conclusion of discussions with the Parliament and bearing in mind that CFSP measures may need to be formulated in response to international situations and events not yet foreseen, it is not possible to predict accurately the cost of national contributions that Ireland may be required to pay. Against this background, an allocation of £500,000 has been provided in Subhead A1 of the 1995 Vote for International Co-operation for expenditure which may arise out of our commitments under the common foreign and security policy.
Ireland has contributed £19,300 and £200,000 to election monitoring in Russia and South Africa in 1993 and 1994 respectively. We also contributed £118,345 to the cost of the European Union administration of Mostar. Ireland is committed to a contribution of £34,809 to the restoration of the Sarajevo-Mostar-Ploce railway line as part of the Bosnia-Hercegovina joint action. It is also possible that some expenditure arising from the joint action in support of the Middle East peace process may be partially financed by contributions from member states.