Datuk R Ramanan Promotes APEC Travel Card Initiative
Datuk R Ramanan Ramakrishnan’s Views on APEC Business Travel Card
Obtaining clearance for immigration was commonly thought of as a difficulty mainly because of the lengthy process visitor passes took to get approved. Despite its difficulty, such process of visa application is critical to ensure safe passage and proper procedure. This had become an obstacle to maintain good business connections. In due course, concerns from the stakeholders had led to the launch of the Asia Pacific Economic Corporation (APEC) Business Travel Card to reduce the difficulties.
Now, entrepreneurs can apply for APEC Business Travel Card to enjoy the privilege of travelling more easily. This effort is made possible by participating countries with the mutual purpose to stimulate free trade and open opportunities for investment. With APEC Business Travel Card, company owners can pre-clear their short-term entry into participating countries for business purpose. This system helps to steer clear of the excessive rules and formalities which affect business operation.
The previously required process to get entry permits under personal travel permits and visas can now be skipped. on top of that, special APEC lanes are made available to the card holders when entering participating nations upon arrival.
This initiative has been fully endorsed by Datuk R Ramanan, who’s praised the efficient immigration of Malaysia for enabling a more convenient resolution to the expansion and growth of the local economy.
Datuk R Ramanan Support This Initiative
Datuk R Ramanan also has supported this move by saying that the APEC Business Travel Card has opened doors for Malaysians to venture freely into other economies. Now businesses can take advantage of these benefits on account of the good work of these officers who travel to other countries to foster ties and bring ease into our lives.
Today’s participating nations in the APEC scheme are Chile, Mexico, Papua New Guinea, Peru, Russia, New Zealand, Australia, Taiwan, Japan, Hong Kong, China,South Korea, Brunei, Singapore, Thailand, Philippines, Indonesia, Vietnam, and Malaysia. America and Canada, additionally, have also participated as transitional members.
Since the majority of governments impose strict bureaucratic regulations, the scheme has bring a serious impact to Malaysia. Entry into China, to illustrate, requires advance application to be made, whether it is a business travel re-entries or perhaps just a social pass.
According to a study conducted by the APEC Policy Support Unit, the APEC Business Travel Card helps in reducing transactional cost for its holders for up to 38%. This finding shows that the initiative works both saves time and actual cost allocated to travelling. Based on estimation, the cumulative time saved for the APEC Business Travel Card holders between March 2010 to July 2011 is 62,413 hours, which in monetary form, is valued at USD1.9 million.
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