World News | Israel Opening Postal Market to More Competition

Get latest articles and stories on World at LatestLY. Israel's Minister said he is working to allow players to engage in all postal services in the regulated area (domestic and international), such as collection, transfer, distribution or delivery services of postal items whose weight does not exceed 500 grams.

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Tel Aviv [Israel], August 17 (ANI/TPS): Israel’s Minister of Communications, Shlomo Karhi said that he is encouraging the entry of “new players” into Israel’s flailing postal market. He is also reducing regulatory barriers for entering into this field in the hopes that new companies will do a better job as Israel’s postal service is closing branches as it is subject of widespread criticism for poor services.

Israel's Minister said he is working to allow players to engage in all postal services in the regulated area (domestic and international), such as collection, transfer, distribution or delivery services of postal items whose weight does not exceed 500 grams. He also intends to do away with the need for permits for offering bulk mail services of over 1,000 items of mail per delivery, and courier services whose price exceeds NIS 5.40.

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Minister Karhi said, "As I have always said, the thing that stands before my eyes is the improvement of service to the consumer. The current move will remove barriers, open the market to competition and ultimately lead to better postal services for the Israeli public." (ANI/TPS)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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