Abstract
The Universal Postal Union (UPU) is the primary forum for cooperation between postal services. It is the only international organization representing the interests of the worldwide postal sector in a neutral fashion. The UPU maintains working relationships with the United Nations programmes such as UNDP and UNEP and with specialized agencies such as ITU, ICAO, ILO and WTO (WTO, GATT). It also collaborates with the World Bank (World Bank, World Bank Group) to promote postal development and reform. The UPU works as a financial clearing office for the compensation for different financial expenses in postal services. The UPU gives technical support to developing countries in modernizing their postal services, as in developing countries between 14 and 25 % of the population is still without access to postal services. Keywords: financial clearing office; General Assembly; postal services; United Nations; Universal Postal Union (UPU); World Bank
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