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

Datuk Ramanan Ramakrishnan applauds APEC Business Travel card efforts in Malaysia

Immigration clearance is often rather the trouble and can require a lengthy process for visitor passes to be approved. This irritating but required visa application system is generally to ensure safe travel and the proper procedure is followed and afforded to everyone. In spite of this, this time consuming, albeit critical process, could possibly hinder business relationships. Here’s where the APEC Business Travel Card makes things less difficult.

Companies may now get their APEC business travel card to enjoy more flexibleness while on travel. In an attempt to open investment opportunities and really encourage free trade, the governments from participating countries have worked together to accomplish this objective. The owners of the APEC business travel card can pre-clear their short-term entry into the listed countries for commercial purposes, and this can really help to avoid them from going through unnecessary paperworks.

Datuk Raman talks about APEC Travel Card

The previously required process to get entry permits under personal travel permits and visas can be skipped. plus, special APEC lanes are made available to the card holders when entering participating nations upon arrival.

The APEC Business Travel Card scheme received full endorsement from Datuk Raman. The Immigration Department of Malaysia was praised by him because of their efficient work towards realization of the smart resolution that can result in strong economic growth.

Datuk Ramanan Ramakrishan showed his support on the move indicating that the APEC Business Travel Card has increased the business opportunities for Malaysian people who run businesses to tap into foreign economies within the region. Companies are able to make use of this privilege on account of the remarkable effort made by officials to visit foreign nations and foster strong connection that benefits the entire nation.

Datuk Ramanan Ramakrishnan Supported APEC Travel Card in Malaysia

Presently, the nations who have taken part of the APEC Travel Card scheme are Vietnam, Thailand, Taiwan, Singapore, Russia, Philippines, Peru, Papua New Guinea, New Zealand, Mexico, Malaysia, South Korea, Japan, Indonesia, Hong Kong, China, Chile, Brunei Darussalam, and Australia. Aside from that, the program had also attracted the United States of America and Canada to become its transition members.

The benefits are substantial for our nation, as diplomatic ties with certain countries involves more bureaucratic administration, for instance, Republic of China, where the limitations on entry needs to be applied upfront, may it be a social pass or business-related re-entries.

Recently, a survey conducted by the APEC Policy Support Unit has discovered that the APEC Business Travel Card initiative has helped card holders to decrease their transaction cost approximately 38%. This shows that the scheme does not only assist in lowering waiting time, but additionally real travelling cost. Between March 2010 to July 2011 alone, it has been estimated that a total of 62,413 hours was saved by the card owners, which translated into USD1.9 million.

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