The US withdrawal from the Universal Postal Union could harm US exporters and have other consequences, according to the International Mailers Advisory Group (IMAG).
The organization released a statement in reaction to news of the withdrawal, which is President Trump’s answer to make terminal dues more fair to the US. The UPU does more than set terminal dues – IMAG said the UPU sets standards for the global postal network.
That includes operations, automated payment systems, mailing and containerization, quality of service, and dangerous goods in the mail.
IMAG members are concerned that US exporters will be hurt by increased costs and the uncertainty around rates and operational changes.
“U.S. exports under 70 lbs. are valued at billions of dollars a year. Leaving the UPU will certainly result in increased costs for exporters,” said Adam Langston, President and CEO of Access Worldwide, and Immediate Past Chairman of IMAG.
IMAG also worries that withdrawing from the UPU could prove harmful to the United States’ goal of collecting advance electronic data (AED) on all inbound shipments from foreign posts; under the recently passed STOP Act, countries are required to provide 100% AED by 2020.
Read the full release by visiting the IMAG website.