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The first deals with common provisions. Article 1 establishes the
European Union on the basis of the European Community and lays out the
legal value of the treaties. The second article states that the EU is
"founded on the values of respect for human dignity, freedom, democracy,
equality, the rule of law and respect for human rights, including the
rights of persons belonging to minorities". The member states share a
"society in which pluralism, non-discrimination, tolerance, justice,
solidarity and equality between women and men prevail".Article 3 then states the aims of the EU in six points. The first is simply to promote peace, European values and its citizens' well-being. The second relates to free movement with external border controls are in place. Point 3 deals with the internal market. Point 4 establishes the euro. Point 5 states the EU shall promote its values, contribute to eradicating poverty, observe human rights and respect the charter of the United Nations. The final sixth point states that the EU shall pursue these objectives by "appropriate means" according with its competences given in the treaties.
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Article 4 relates to member states' sovereignty and obligations. Article 5 sets out the principles of conferral, subsidiarity and proportionality with respect to the limits of its powers. Article 6 binds the EU to the Charter of Fundamental Rights of the European Union and the European Convention on Human Rights.
Article 7 deals with the suspension of a member state and article 8
deals with establishing close relations with neighbouring states. 
