Deal to keep U.S. in international postal treaty good news for Canadian companies, business groups say

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Deal to keep U.S. in international postal treaty good news for Canadian companies, business groups say GlobeSmallBiz

A last-minute deal that will keep the United States in an international postal treaty is good news for Canadian companies, business groups say.

The deal means the United States will stay in the organization, Peter Navarro, the U.S. representative at the UPU meeting, said at a press conference. Under the new agreement, countries that import a high volume of mail will be able to increase terminal dues – the rates they charge the postal service in the originating country – at the end of June, 2020.

However, when the possibility that the United States would leave the UPU was still on the table, Canada Post said it was unlikely that Canadian businesses sending packages to the United States would see price increases owing to a pre-existing agreement between postal services in the two countries.

 

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