Datuk R Ramanan View on APEC Travel Card

Datuk R Ramanan View on APEC Travel Card

Datuk R Ramanan

Getting approval for visitor passes and immigration clearance may become an inconvenience because of its time consuming procedure. Though it’s tedious, visa application is essential to assure that safe passage is warranted as proper procedure is being complied with. Although some usually will not realize, this time consuming process is capable of having a negative impact on business relationships. With that concern in view, the Asia Pacific Economic Corporation (APEC) Business Travel Card was brought out to ease off the problem.

The APEC Business Travel Card is established for entrepreneurs to give them some degree of freedom while travelling. Participating countries have been working closer together in order to make this project possible with the mutual target to establish a network for investment opportunities and promote free trade among its participating nations. The APEC Business Travel Card enables companies to get their short-term entry cleared in advance once they visit participating countries. As a result, excessive regulations that hinders the process can be avoided.

Individuals bypass the whole process of being required to apply for visas and entry permits under personal travel permits and will be able to use this multi entry passes to enter participating countries on arrival through special APEC lanes.

This initiative is fully endorsed by Datuk R. Ramanan, who’s lauded the efficient immigration of Malaysia for enabling an increasingly convenient strategy to the expansion and growth of the economy.

R Ramakrishnan

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 among the participants of the APEC scheme. What’s more, the scheme is participated by Canada and United states of america as transition members.

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

Datuk R. Ramanan

is yet another strong advocate for Malaysian Indian entrepreneurs, and stresses that it really is crucial for these people to take full advantage of such a facility in order to bring economic success and growth to the country. The motivation of the Malaysian Indian community helps as well cement and fully utilise the opportunity of all sectors of the population to encourage and foster young and developing businesses.

Recently, research conducted by the APEC Policy Support Unit has unveiled that the APEC Business Travel Card initiative helps card holders to lower their transaction cost approximately 38%. This signifies that the scheme does not only assist in reducing waiting time, but additionally 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 owners, which translated into USD1.9 million.

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