I. GENERAL PROVISIONS.
Article 1.
Navigation on the Danube is unrestricted and open to all flags on a footing of complete equality over the whole navigable course of the river, that is to say, between Ulm and the Black Sea, and over all the internationalised river system as defined in the succeeding article, so that no distinction is made, to the detriment of the subjects, goods and flag of any Power, between them and the subjects, goods and flag of the riparian State itself or of the State of which the subjects, goods and flag enjoy the most favoured treatment.
Who, having reciprocally communicated their full powers, found in good and due form, have, in the presence and with the participation of the duly authorized Plenipotentiaries of Germany, Austria, Bulgaria and Hungary, that is to say: