Tuesday 27 September 2022

Bishar A Hussein

UPU set to decide on remuneration rates

DUBAI, October 26, 2018

The Universal Postal Union was doing everything possible to solve the issue related to the remuneration rates known as terminal dues, said director general Bishar A Hussein said today that the organisation.   
Speaking about the fast-track negotiations UPU was formulating, he said: “I am glad to inform you that, this week, members agreed on a proposal to adjust the timelines on the discussion on the remuneration related subject with a view to coming up with a proposal to the Council of Administration by the April 2019 session.”
Since 1969, the designated operator that sends a letter-post item to another country remunerates the destination post for processing and delivering that item. This system of remuneration is known as terminal dues.
Hussein, who was speaking during the plenary session of the Council of Administration, also reiterated his intention to meet with the US to further discuss the matter and he said he hoped to resolve the matter amicably.

“I would urge the US, and all members, to exercise flexibility while discussing this matter,” he added.  
In a letter received on October 17, UPU was informed by the Government of the United States of America that it intends to withdraw from the organisation. The decision is to be effective one year after the day on which the notice was received, it stated. – TradeArabia News Service

Tags: | Rates | remuneration |

More Industry, Logistics & Shipping Stories

calendarCalendar of Events