US says it may pull out of Universal Postal Union

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The United States has announced that it will pull out of the Universal Postal Union (UPU), the Switzerland-based UN  arm that connects postal services worldwide.

The Trump administration says that the move is aimed at putting an end to the unfair advantage that countries like China has in delivering small parcels from abroad. Foreign companies had an advantage over the US companies due to cheap shipment charges.

According to officials, foreign small packages, such as those from China, gets 40% to 70% discount compared to what it would cost to send them domestically, as they arrive in the US destination.

“If negotiations are successful, the administration is prepared to rescind the notice of withdrawal and remain in the UPU,” a statement from the White House said.

This move resonate with the stand of the Trump administration in pulling out of international agreements that it thought are not good for the US. The country has moved out of a trade pact with 11 Pacific Rim countries, the Paris agreement to mitigate climate change and an international deal with Iran to curb Tehran’s nuclear program.

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