Post-privatization conditions for Brazil’s postal service Correios to be voted this week

The bill provides a concession for letter delivery to maintain universalization, stability for current employees for 18 months, and the social tariff.

RIO DE JANEIRO, BRAZIL - The regulatory framework for the postal sector, which ends the monopoly of the Postal Service (Correios) and paves the way for the privatization of the state-owned company, is expected to be approved on Wednesday, August 4 or Thursday, August 5.

To maintain the universalization of the service, the text provides for the signing of a concession agreement with the winner of the auction for the sale of the state-owned company, scheduled for early 2022.

"The goal is to ensure legal certainty," Cutrim says. The Constitution states that it is the federal government's responsibility . . .

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