New UPU Study To Help Redefine Organization's Role In Postal Financial Services
Muhammad Irfan Published September 19, 2021 | 01:30 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 19th Sep, 2021 ) :A new study entitled Postal Financial Services Vision 2030 is to be undertaken by the Universal Postal Union (UPU) to review, reassess and redefine its role and position in the postal financial services (PFS) sector, as well as its relations with posts, policymakers and regulators.
The study, which is currently in the planning stage, will be undertaken over a six-month period.
Sergey Dukelskiy, Coordinator of PFS and Financial Inclusion at the UPU, commented, "Through this study, the UPU wishes to assess the relevance and effectiveness of its treaty framework and supporting functions in relation to postal payment services and, in more general terms, postal financial services.", said a press release.
The study has five main goals. First it will assess the nature of PFS, including postal payment services, offered in UPU member countries in the context of prevailing market trends and public policy objectives, including, but not limited to, financial inclusion, e-commerce development, small and medium-sized enterprise growth and the United Nation's Sustainable Development Goals.
"The study will also identify the key regulatory challenges faced by posts in the provision of PFS, identify potential areas where the UPU can support posts in the provision of PFS, and identify any shortcomings associated with the UPU's current treaty framework as it pertains to PFS, as well as the UPU's associated PFS activities," Dukelskiy added.
The final goal of the study is to prepare policy and strategy recommendations for the UPU to update its current PFS treaty framework and associated support services and to offer market-relevant PFS to the benefit of Union member countries and their designated postal operators.
Related Topics
Recent Stories
Saka and Odegaard start for Arsenal, Guerreiro in Bayern midfield
Qatar PM says re-evaluating Israel-Hamas mediation role
Govt spokesperson terms allegations of PTI's Marwat against Saudi Arabia 'heinou ..
Minister appreciate UAE’s support for Pakistan economic challenges
Manchester City v Real Madrid Champions League starting line-ups
MIGA's support Pakistan in attracting foreign investments: Federal Minister for ..
Walker returns to captain Man City for Real Madrid clash
Action taken against price list violations in Khanewal district
DC chairs review meeting of DEG
Turkey accuses Israel's Netanyahu of using war 'to stay in power'
Pakistan ranked 5th most vulnerable country to climate change. Tirmizi
Nadal comeback ends in Barcelona Open second round
More Stories From Pakistan
-
Govt spokesperson terms allegations of PTI's Marwat against Saudi Arabia 'heinous attempt'
9 hours ago -
Action taken against price list violations in Khanewal district
10 hours ago -
DC chairs review meeting of DEG
10 hours ago -
Govt to ensure timely water supply in backward areas of Sindh: Jam Shoro
10 hours ago -
Bilawal condemns attack on PPP candidate in Bajaur
10 hours ago -
PRCS observed World Hemophilia Day
10 hours ago
-
Rain forecast across Kashmir on April 18th-19th
10 hours ago -
Local trader killed after abduction
10 hours ago -
Commissioner Karachi chairs meeting on civic problems
10 hours ago -
Blind murder traced, 5 including constable arrested
10 hours ago -
Sindh govt to introduce non-formal education system to facilitate 2 million out of school children
11 hours ago -
Mayor Karachi imposes rain emergency in view of rain forecast: COO KWSC
11 hours ago