Dato R. Ramanan Viewpoint on APEC Business Travel Card
Dato R. Ramanan Thoughts on APEC Business Travel Card
The process of granting visitor passes and immigration clearance had commonly been famous for its extensive and complicated protocol. This type of difficulty to make visa application formerly were inevitable in order to maintain proper procedure and ensure safe passage for everyone. However, this extensive process had a negative impact on business connections. After many years of examining the possible solutions, the Asia Pacific Economic Cooperation (APEC) Business Travel Card was finally introduced.
Now, businesses can apply for the APEC Business Travel Card to get the privilege of travelling more freely. This program is made possible by participating countries with the mutual aim to promote free trade and open up opportunities for investment. With the APEC Business Travel Card, people who run businesses can pre-clear their short-term entry into participating countries for business purpose. This approach really helps to avoid the excessive rules and formalities affecting business operation.
Individuals bypass the procedure of needing to apply for visas and entry permits under personal travel permits and will be able to make use of this multi entry passes to enter into participating countries on arrival through special APEC lanes.
Dato R. Ramanan Ramakrishnan Fully Supported this initiative
Dato R. Ramanan gave his full support to this very strategy, and even applauded the Immigration Department of Malaysia for the aggressive tactic to stimulate the growth and advancement of the economy at the national level with such an effective solution.
According to Dato R. Ramanan Ramakrishnan, he condones the APEC Business Travel Card initiative as it increased the opportunities for Malaysian business people to venture into other international markets in the region. Now, businesses can reap the rewards, and it’s all possible simply because of the massive commitment given by the officers to visit the relevant countries to nurture good relationship and eventually bring ease that can be enjoyed by Malaysians.
Currently, the nations who have become a part of the APEC 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. Additionally, the program had also drawn the United States of America and Canada to become its transition members.
As some foreign nations impose bureaucratic administration over diplomatic relations, the effects have been huge for Malaysia.One of those particular countries, China, strictly required applications for entry, whether it’s a business-related re-entries or just a social pass, to be applied in advance.
A study conducted the APEC Policy Support Unit recently discovers that the APEC Business Travel Card scheme has resulted to a huge transaction cost reduction, that is up to 38% which previously would have to be borne by the card owners. This reveals that the effort don’t only assist to lessen waiting time, but also actual cost connected to travel. In estimation, between the period of March 2010 until July 2011, as many as 62,413 hours was saved by the pass owners, which is equal to to USD 1.9 million in estimated value.
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