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Home Economy

Universal Postal Union

January 20, 2020
in Economy
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Source: PIB & Universal Postal Union

The Union Cabinet chaired by Prime Minister gave its approval to the ratification of the Tenth Additional Protocol to the Constitution of the Universal Postal Union (UPU) adopted by the 2nd Extraordinary Congress of the Union held at Addis Ababa, Ethiopia from 3rd to 7th September 2018.

Significance of the move

  • Ratification by the Government of India of the Tenth Additional Protocol to the Constitution of the UPU adopted by the 2nd Extraordinary Congress held at Addis Ababa in 2018 would fulfill the obligations arising from Article 25 of the Constitution of the UPU and its commitment as expected of a member country of the Union. 
  • It will also enable the Department of Posts to bring out any administrative orders to implement the provisions of the UPU Convention in India. 

About Universal Postal Union (UPU) 

  • Established in 1874, the Universal Postal Union (UPU), with its headquarters in the Swiss capital Berne, is the second oldest international organization worldwide.
  • With its 192 member countries, the UPU is the primary forum for cooperation between postal sector players. 
  • It helps to ensure a truly universal network of up-to-date products and services.
  • In this way, the organization fulfills an advisory, mediating and liaison role, and provides technical assistance where needed. 
  • The union sets the rules for international mail exchanges and makes recommendations to stimulate growth in mail, parcel and financial services volumes and improve quality of service for customers.

 

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Tags: Prelims

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