Datuk R. Ramanan’s Notion on APEC Business Travel Card

Datuk R. Ramanan’s Notion on APEC Business Travel Card

 

Datuk Ramanan’s Opinions on APEC Business Travel Card

 

Obtaining clearance for immigration was commonly thought to be a problem due to lengthy process visitor passes took to be approved. Despite its difficulty, such procedure of visa application is necessary to ensure safe passage and proper procedure. This became an obstacle in maintaining good business relations. At some point, concerns from the stakeholders had led to the creation of the Asia Pacific Economic Corporation (APEC) Business Travel Card to get rid of the issues.

The APEC Business Travel Card is made available to company owners giving them the capability to travel freely. This is achieved in a concerted effort by governments to encourage free trade and open investment opportunities to participating nations. The APEC Business Travel Card allows travellers pre-cleared short-term entry into countries to do business, avoiding impractical bureaucracy for business-related purposes.

Individuals who has the Card may skip the visa application and entry permit under personal travel application process, plus they will have the option to utilise the multi-entry passes to take the special APEC lanes upon arrival at the participating countries.

This project has been fully endorsed by Dato R. Ramanan, who has lauded the efficient immigration of Malaysia for enabling an increasingly convenient resolution to the expansion and growth of the economy.

Dato Ramanan Ramakrishnan encouragement was expressed by his remark that APEC business travel card has established new gateways for local enterprises to venture into foreign economies effortlessly. Local companies could now make use of the benefit as a consequence of the excellent effort made by related officers who fostered ties with other countries and this has a positive impact on the national economy.

The nations that are presently joining the APEC scheme include Australia, Brunei Darussalam, Chile, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, and Vietnam. Canada and the United States are transitional members of the scheme says Dato Ramanan

As some foreign authorities impose bureaucratic administration over diplomatic relations, the implications have already been huge for Malaysia.One of those countries, China, strictly required applications for entry, be it a business-related re-entries or simply a social pass, to be applied beforehand.

Recently, a report conducted by the APEC Policy Support Unit has revealed that the APEC Business Travel Card initiative has helped card holders to cut back their transaction cost close to 38%. This shows that the scheme does not only help to reduce waiting time, but real travelling cost. Between March 2010 to July 2011 alone, many experts have estimated that a total of 62,413 hours was saved by the card holders, which translated into USD1.9 million.