Universal Postal Union (UPU)
26-08-2023
01:25 PM
1 min read
Overview:
The Universal Postal Union will evaluate UPI for integrating the unified payment interface with cross-border remittances using the global postal network, an official release said recently.
About Universal Postal Union:
- It is a United Nations specialized agency and the postal sector's primary forum for international cooperation.
- It was established by the Treaty of Bern of 1874. It is the second oldest international organization worldwide.
- Functions:
- It coordinates postal policies among member nations in addition to the worldwide postal system.
- It sets the rules for international mail exchanges and makes recommendations to stimulate growth in mail, parcel and financial services volumes and improve the quality of service for customers.
- It fulfills an advisory, mediating and liaison role and provides technical assistance where needed.
- Member countries:
- Any member country of the United Nations may become a member of the UPU.
- Any non-member country of the United Nations may become a UPU member, provided that its request is approved by at least two-thirds of the member countries of the UPU.
- The UPU now has 192 member countries.
- Structure: It consists of four bodies,
- The Congress: It is the supreme authority of the UPU and meets every four years.
- The Council of Administration: It ensures the continuity of the UPU's work between Congresses, supervises its activities and studies regulatory, administrative, legislative and legal issues.
- The Postal Operations Council: It is the technical and operational mind of the UPU and consists of 48 member countries elected during Congress.
- The International Bureau: Fulfilling a secretariat function, the International Bureau provides logistical and technical support to the UPU's bodies.
- Headquarters: Bern, Switzerland
Q1: What is philately?
Philately is the study of postage stamps, stamped envelopes, postmarks, postcards, and other materials relating to postal delivery.
Source: Release of Commemorative Stamps Celebrating the 150th Anniversary of the Universal Postal Union