Datuk R Ramanan Encourages APEC Travel Card Efforts
Datuk R Ramanan Speaks of the APEC Business Travel Card
Getting approval for visitor passes and immigration clearance may become a hassle due to the extensive procedure. Although it can be laborious, visa application is essential to make sure that that safe passage is warranted as proper procedure is being followed. Whilst some might not see it, this time consuming process will surely have a negative impact on business interaction. With that concern in mind, the APEC Business Travel Card was introduced to remedy the situation.
What APEC Travel Can Do | Datuk R Ramanan
The APEC Business Travel Card is created for people who run businesses to provide them a certain degree of flexibility while travelling. Participating countries have been working closer together in order to make this program possible with the mutual objective to create a network for investment opportunities and stimulate free trade among its participants. The APEC Business Travel Card enables businesspeople to have their short-term entry cleared beforehand when they visit participating countries. Subsequently, excessive regulations that slows down the procedure can be avoided.
People who apply for the Travel Card can certainly skip the visa application and entry permit under personal travel application, and they will have the ability to utilise the multi-entry passes to take the special APEC lanes as they arrive at the participating nations.
Datuk R Ramanan gave his full support to this very framework, and even applauded the Immigration Department of Malaysia for the aggressive strategy to induce the growth and advancement of the economy at the national level with such a sensible solution.
Datuk R Ramanan in addition 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 enjoy these benefits on account of the great work of these Immigration officers who visit other countries to foster ties in order to bring ease into our lives.
At the moment, Malaysia, Chile, Vietnam, Thailand, Taiwan, New Zealand, Singapore, Russia, Australia, China, Philippines, Peru, Papua New Guinea, Brunei Darussalam, Mexico, South Korea, Japan, Indonesia, and Hong Kong and are on the list of participants of the APEC scheme. On top of that, the scheme is participated by Canada and United states of america as transition members.
The implications are substantial for our nation, as diplomatic ties with certain countries involves more bureaucratic administration, as an illustration, Republic of China, where the entry limitation really need to be applied beforehand, no matter whether it’s a social pass or re-entries related to business.
Datuk R Ramanan is additionally a strong advocate for Malaysian Indian businesses, and stresses that it’s important for these individuals to take full advantage of such a facility to bring economic success and growth to the nation. The reinforcement of the Malaysian Indian community likewise helps cement and fully utilise the potential of all sectors of people to stimulate and foster young and growing businesses.
Recently, research conducted by the APEC Policy Support Unit has unveiled that the APEC Business Travel Card initiative helps card holders to help reduce their transaction cost about 38%. This means that the scheme doesn’t only help to reduce waiting time, but also real travelling cost. Between March 2010 to July 2011 alone, it is estimated that a total of 62,413 hours was saved by the card owners, which translated into USD1.9 million.
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