The Fourth Extraordinary Conference of the Universal Postal Union (UPU) in Riyadh announced the adoption of what has been referred to as the "Riyadh Solution" that enhances interconnection and integration in the global postal sector.
The decision is a result of discussions over the years, which resulted in major proposals and recommendations to develop the logistics sector, enhance cooperation between members of the UPU and other postal sector entities, and raise the quality of global postal services through the UPU opening its doors to expand the scope of its products and services.
The initiatives proposed in the Riyadh Solution also include the establishment of customized business models, aiming to facilitate the access of further parties other than the designated operators or official postal institutions to the services of the UPU.
The decision aims to enhance cooperation and partnership among members and improve postal services on a global scale, developing the global postal network and enhancing its interconnectedness.
The UPU conference will continue in the capital, Riyadh, until October 5, and will bring together decision-makers, experts, and stakeholders from around the world to review opportunities for improvement and discuss innovative solutions for the global postal sector. The Riyadh Solution is a major step forward in creating a more integrated and efficient global postal system that meets the evolving needs of people and businesses worldwide.
