US Businesses Welcome International Postal Rate Reform

US Businesses Welcome International Postal Rate Reform
A US Postal worker delivers Amazon boxes outside of the New York Stock Exchange (NYSE) in New York City, on October 11, 2018.Spencer Platt/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

WASHINGTON—Under pressure from President Donald Trump, a 145-year-old multilateral organization has agreed to change its international postal rates, giving a victory to American companies that fight against counterfeit products.

The Universal Postal Union (UPU), a U.N. agency that governs international postal rates, reached an agreement on Sept. 25 to overhaul its pricing policies, averting the possible exit of the United States. The 192 member nations voted to approve changes to rates on bulky letters and small parcels shipped internationally.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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