Datuk R Ramanan Encourages APEC Travel Card Efforts
Datuk Ramanan Ramakrishnan’s Opinion on APEC Business Card
Immigration clearance can certainly be the trouble that could take a lengthy process for visitor passes to be approved. This laborious but essential visa application process is generally to ensure safe travel and also proper procedure is observed and afforded to all. However, this time-consuming, albeit necessary process, could actually hinder business relations. That’s where the APEC Business Travel Card makes things incredibly easier.
Owners of businesses have the ability to apply for the APEC Business Travel Card to get more flexibility while traveling. This is achieved through mutual cooperation between nations with the mission of opening investment opportunities and stimulating free trade. With the APEC Business Card, the holders short-term entry could in fact be pre-cleared into countries to do business. This procedure allows the card owners to get away from excessive rules and formalities.
Datuk R Ramanan | APEC Business Card
The previously required procedure to obtain entry permits under personal travel permits and visas can now be skipped. also, special APEC lanes are made available to the card holders when entering participating nations as they arrive.
This initiative is fully supported by Datuk Ramanan Ramakrishnan, who’s lauded the efficient immigration of Malaysia for enabling an increasingly sensible strategy to the advancement and growth of the local economy.
Datuk Raman encouraged this initiative byexplaining that the APEC business travel card has cleared the way for Malaysian enterprises to test the foreign markets with much less restrictions. Businesses can take advantage of this privilege as a result from great effort by the Immigration officers who took the hassle and visit other countries to bolster diplomatic relationship that benefits Malaysians.
The most recent participating governments 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. The USA and Canada, additionally, have also participated as transitional members.
Datuk R Ramanan Satisfied with the APEC Business Card
The benefits are significant for Malaysia, as diplomatic ties with certain countries require more bureaucratic administration, as an illustration, Republic of China, where limitations on entry is required to be applied before hand, no matter whether it’s a social pass or business-related re-entries.
The APEC Business Travel Card scheme creation, according to a research conducted by the APEC Policy Support Unit, produced an impressive 38% transaction cost reduction for card holders said Datuk R. Ramanan This finding sends the signal that the effort led to both a decrease of waiting time and also travelling costs. From March 2010 until July 2011, card holders have were able to save 62,413 hours, which translates into USD 1.9 million in approximate value.