Monopoly Over Universal Postal Service in Bulgaria Extended by 2006

The monopoly of the Bulgarian Posts over universal postal service was extended by December 31, 2005 under amendments to the Postal Services Act, which Parliament adopted at second reading March 7.

The Bulgarian lawmakers also exempted the principal postal operator from payment of license fees by the end of 2005.

The monopoly of the Bulgarian Posts over universal postal service expired at the end of 2002.

The universal postal service includes acceptance, conveyance and delivery of ordinary letter post items, small packets and direct mail items of up to 2 kg, printed papers of up to 5 kg, cecogrammes of up to 7 kg, and postal packages of up to 10 kg. Bulgarian Post provides universal postal services within Bulgaria and internationally.

The prices of postal services will be fixed by postal operators according to the market’s demand and supply, amendments envisage. The provision would not apply to the universal postal service, to be fixed by postal operators according to the Cabinet-adopted method.

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