With a deadline approaching for the United States to follow through on its threat to quit the United Postal Union (UPU), delegates from more than 100 countries met in Switzerland on Sept. 24 to negotiate a solution which would satisfy Washington and keep the organization intact.
The United States triggered the negotiation on the so-called remuneration rates in 2018 by announcing that it intends to leave the UPU. The U.S. threat to exit was prompted by extraordinarily low shipping rates granted to China on bulky letters and small parcels. The status quo allows Chinese merchants to ship products to the United States at a fraction of the shipping price of U.S. parcels headed to China.
