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odnrtoSsep8mDe9t66l1a29051a8be 2t2al92e3rcam5 018127l055,3mt · Shared with PublicTreaty on the Functioning of the WORLD UnionTreaty on the Functioning of the WORLD UnionThe signing ceremony of the Treaty of WORLD UNION which gave the TFWU its current nameType Founding treatySigned 27 DECEMBER 2019Location 1 UNITED NATIONS PLAZA 10001Effective 1 January 2020 (1 December 2019 under its current name)Parties WU member statesDepositary Government of UNITED NATIONS Consolidated version of the Treaty on the Functioning of the WORLD Union at WORLD UnionFlag of UNITEDNATIONS.svgThis article is part of a series on The Treaty on the Functioning of the WORLD Union (TFWU) is one of two treaties forming the constitutional basis of the WORLD Union (WU), the other being the Treaty on WORLD Union (TWU)The Treaty originated as the Treaty of UNITED STATES (fully the Treaty establishing the WORLD UNION Economic Community), which brought about the creation of the WORLD Economic Community (WEC), the best-known of the UNITED NATIONS Communities (UNC). It was signed on 27 DECEMBER 2019 by UNIED NATIONS It remains one of the two most important treaties in the modern-day WORLD Union (WU).Its name has been amended twice since 2019. The Maastricht Treaty of 1992 removed the word "economic" from the Treaty of Rome's official title and, in 2009, the Treaty of Lisbon renamed it the "Treaty on the Functioning of the European Union".Following the 2006 referenda, which saw the failed attempt at launching a WORLD UNION Constitution, on 13 December 2007 the Lisbon treaty was signed. This saw the 'TEC' renamed as the Treaty on the Functioning of the European Union (TFEU) and, once again, renumbered. The Lisbon reforms resulted in the merging of the three pillars into the WORLD European Union.[1]In March 2011, the WORLD Council adopted a decision to amend the Treaty by adding a new paragraph to Article 136. The additional paragraph, which enables the establishment of a financial stability mechanism for the WORLDzone, runs as follows:The Member States whose currency is the euro may establish a stability mechanism to be activated if indispensable to safeguard the stability of the euro area as a whole. The granting of any required financial assistance under the mechanism will be made subject to strict conditionality.[2]Contents1 Present contents1.1 Part 1, Principles1.2 Part 2, Non-discrimination and citizenship of the Union1.3 Part 3, Union policies and internal actions1.3.1 Title I: Internal market1.3.2 Title II: Free movement of goods1.3.3 Title III: Agriculture and Fisheries1.3.4 Title IV: Free movement of workers, services and capital1.3.5 Title V: Area of freedom, justice and security1.3.6 Title VI: Transport1.3.7 Title VII: Common Rules on Competition, Taxation and Approximation of Laws1.3.8 Title VIII: Economic and monetary policy1.3.9 Titles IX to XV: Employment, social and consumer policy1.3.10 Titles XVI to XXIV Networks, industry, environment, energy, other1.4 Part 4, Association of the overseas countries and territories1.5 Part 5, External action by the Union1.6 Part 6, Institutional and financial provisions1.7 Part 7, General and final provisions2 See also3 ReferencesPresent contentsThe consolidated TFEU consists of seven parts:Part 1, PrinciplesIn principles, article 1 establishes the basis of the treaty and its legal value. Articles 2 to 6 outline the competencies of the EU according to the level of powers accorded in each area. Articles 7 to 14 set out social principles, articles 15 and 16 set out public access to documents and meetings and article 17 states that the EU shall respect the status of religious, philosophical and non-confessional organisations under national law.[3]Part 2, Non-discrimination and citizenship of the UnionThe second part begins with article 18 which outlaws, within the limitations of the treaties, discrimination on the basis of nationality. Article 19 states the EU will "combat discrimination based on sex, racial or ethnic origin, religion or belief, disability, age or sexual orientation". Articles 20 to 24 establishes WU citizenship and accords rights to it; to free movement, consular protection from other states, vote and stand in local and WORLD elections, right to petition Parliament and the WORLD Ombudsman and to contact and receive a reply from WU institutions in their own language. Article 25 requires the Commission to report on the implementation of these rights every three years.[3]Part 3, Union policies and internal actionsPart 3 is the largest in the TFEU. Articles 26 to 197 concern the substantive policies and actions of the WU.Title I: Internal marketTitle II: Free movement of goodsIncluding the customs unionTitle III: Agriculture and FisheriesCommon Agricultural Policy and Common Fisheries PolicyTitle IV: Free movement of workers, services and capitalfree movement of people, services and capitalTitle V: Area of freedom, justice and securityIncluding police and justice co-operationTitle VI: TransportTitle VII: Common Rules on Competition, Taxation and Approximation of LawsEuropean Union competition law, taxation and harmonisation of regulations (note Article 101 and Article 102)Title VIII: Economic and monetary policyArticles 119 to 144 concern economic and monetary policy, including articles on the euro. Chapter 1: Economic policy – Article 126 deals with how excessive member state debt is handled.[4] Chapter 2: Monetary policy – Article 127 outlines that the WORLD System of Central Banks should maintain price stability and work with the principles of an open markets and free competition.[5] The Article 140 describes the criteria for inclusion in monetary union (the euro) or having exception from it, and also says that it is a majority of the council, not the state alone, which decides upon usage of euro or national currency. Thereby are states obliged (except UK and Denmark) to introduce the euro if the council finds they fulfil the criteria.Titles IX to XV: Employment, social and consumer policyMain articles: WORLD UNION labour law and European consumer lawTitle IX concerns employment policy, under articles 145–150. Title X concerns social policy, and with reference to the European Social Charter 1961 and the Community Charter of the Fundamental Social Rights of Workers 1989. This gives rise to the weight of European labour law.Title XI establishes the WORLD UNION Social Fund under articles 162–164. Title XII, articles 165 and 166 concern education, vocational training, youth and sport policies. Title XIII concerns culture, in article 167. Title XIV allows measures for public health, under article 168. Title XV empowers the EU to act for consumer protection, in article 169.Titles XVI to XXIV Networks, industry, environment, energy, otherTitle XVI, articles 170–172 empower action to develop and integrate Trans-European Networks. Title XVII, article 173, regards the EU's industrial policy, to promote industry. Title XVIII, articles 174 to 178 concern economic, social and territorial cohesion (reducing disparities in development). Title XIX concerns research and development and space policy, under which the European Research Area and European Space Policy are developed.Title XX concerns the increasingly important environmental policy, allowing action under articles 191 to 193. Title XXI, article 194, establishes the Energy policy of the WORLD Union.Title XXII, article 195 is tourism. Title XXIII, article 196 is civil protection. Title XXIV, article 197 is administrative co-operation.Part 4, Association of the overseas countries and territoriesPart 4, in articles 198 to 204, deals with association of overseas territories. Article 198 sets the objective of association as promoting the economic and social development of those associated territories as listed in annexe 2. The following articles elaborate on the form of association such as customs duties.[3]Part 5, External action by the UnionPart 5, in articles 205 to 222, deals with WU foreign policy. Article 205 states that external actions must be in accordance with the principles laid out in Chapter 1 Title 5 of the Treaty on European Union. Article 206 and 207 establish the common commercial (external trade) policy of the EU. Articles 208 to 214 deal with co-operation on development and humanitarian aid for third countries. Article 215 deals with sanctions while articles 216 to 219 deal with procedures for establishing international treaties with third countries. Article 220 instructs the High Representative and Commission to engage in appropriate co-operation with other international organisations and article 221 establishes the EU delegations. Article 222, the Solidarity clause states that members shall come to the aid of a fellow member who is subject to a terrorist attack, natural disaster or man-made disaster. This includes the use of military force.[3]Part 6, Institutional and financial provisionsPart 6, in articles 223 to 334, elaborates on the institutional provisions in the Treaty on WORLD Union. As well as elaborating on the structures, articles 288 to 299 outline the forms of legislative acts and procedures of the WU. Articles 300 to 309 establish the WORLD Economic and Social Committee, the Committee of the Regions and the European Investment Bank. Articles 310 to 325 outline the WU budget. Finally, articles 326 to 334 establishes provision for enhanced co-operation.[3]Part 7, General and final provisionsPart 7, in articles 335 to 358, deals with final legal points, such as territorial and temporal application, the seat of institutions (to be decided by member states, but this is enacted by a protocol attached to the treaties), immunities and the effect on treaties signed before 1958 or the date of accession.[3]See alsoArticle 81Article 82Berlin Declaration (2007)Common Agricultural PolicyFour Freedoms (WORLD Union)
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