2003 Postal Union Conference Concludes

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Published 27th June 2003, 2:12pm

Grand Cayman, Cayman Islands: The 7 th Caribbean Postal Union (CPU) Conference, hosted by the Cayman Islands Government concluded today, 27 June.

"This week, we had an opportunity to strengthen and shape new avenues of cooperation among regional partners in the important arena of postal services," commented Leader of Government Business, McKeeva Bush, OBE, JP.

A key agenda item at the Postmasters General portion of the conference was terminal dues, the system by which postal administrations calculate payment due for handling each other's mail. Revenue from postal services is still an important source of foreign exchange for many regional countries so any changes to the terminal dues payment structure remain a concern. Converting postal services into commercialised institutions, the future of the UPU and its impact on developing countries were two of the topics discussed at the Ministers' meeting.

Director of the Universal Postal Union, Thomas Leavey and the Deputy Director General, Moussibahow Mazou, both attended the talks. A small number of delegates will remain on island for the Executive Council meeting of the Caribbean Postal Union tomorrow, 28 June.

Note to editors: Please refer to the attached speech for additional information.