Global Postal Group Reaches Deal To Avoid US WithdrawalSeptember 25, 2019
The Universal Postal Union agreed to a compromise Wednesday that would allow the United States to set its own inbound postage rates and remain within the organization the Trump administration had previously threatened to leave.
After rejecting a handful of earlier options, more than half the 192-country body voted in favor of “option V,” which will allow the US to raise prices for packages arriving from other countries, in exchange for a contribution into the Union’s “voluntary fund,” which covers security and pensions. Other countries can also adjust prices on US inbound packages next July and on packages from elsewhere by set amounts each year.
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