Updated on December 27, 2017
Datuk R. Ramanan applauds APEC Business Travel card
Datuk R. Ramanan applauds APEC Business Travel card efforts in Malaysia
Datuk R. Ramanan’s Viewpoint on APEC Business Card
Getting approval for visitor passes and immigration clearance could become a hassle because of its time-consuming procedure. Though it can be tedious, visa application is necessary to make sure that safe passage is warranted as proper procedure has been complied with. While many won’t see it, this time-consuming process can result in a negative effect on business relationships. With this concern under consideration, the Asia Pacific Economic Corporation Business Travel Card was brought out to remedy the situation.
Company owners can obtain APEC business travel card to enjoy more flexibleness while travelling. In an effort to open investment potentials and encourage free trade, the governments from participating countries have been working together to realize this objective. The owners of the APEC business travel card can pre-clear their short-term entry into the listed countries for business purposes, and this should help to avoid them from undergoing unnecessary paperworks.
Individuals skip the process of being required to apply for visas and entry permits under personal travel permits and will be able to utilize this multi entry passes to enter into participating nations on arrival through special APEC lanes.
Datuk Ramanan gave his full support to this very framework, and even applauded the Immigration Department of Malaysia because of their aggressive approach to induce the growth and advancement of the economy at the national level with such a smart solution.
Datuk R. Ramanan 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 as a result of the good work of these Immigration officers who visit other countries to foster ties and to bring ease into our lives.
Malaysia, Brunei, Singapore, Thailand, Indonesia, China, South Korea, Philippines, Japan, Hong Kong, Vietnam, Taiwan, New Zealand, Russia, Australia, Peru, Papua New Guinea, Mexico, and Chile are at this moment amongst the participating nations of the APEC scheme. In the meantime, USA and Canada have taken part as transitional members.
As some foreign authorities impose bureaucratic administration over diplomatic relations, the significance happen to be huge for Malaysia.Some of those countries, China, strictly required applications for entry, be it a business-related re-entries or a social pass, to be applied upfront.
Based on a study carried out by the APEC Policy Support Unit, the APEC Business Travel Card aids to relieve transactional cost for its holders for up to 38%. This discovery shows that the initiative works both saves time and actual cost invested in travelling. Based on estimation, the cummulative 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.