Datuk R Ramanan praises APEC Business Travel card

Datuk R Ramanan Supports APEC Travel Card Initiative

Having to go through a lengthy immigration clearance procedure for the purpose of visitor passes approval could possibly be inconvenient. Though it may be indisputable that such process is time consuming, the process of applying visa is important to make sure everyone’s safe passage. Nevertheless, it’s quite common for similar procedures to affect business relations. Fortunately, a highly effective solution, the Asia Pacific Economic Corporation (APEC) Business Travel Card was introduced to smoothen the process.

Entrepreneurs are able to obtain APEC business travel card to enjoy more flexibility while travelling. In an attempt to open investment potentials and encourage free trade, the governments from participating nations have been working together to realize this objective. The possessors of the APEC business travel card can pre-clear their short-term entry into the listed nations for commercial purposes, and this can certainly help to avoid them from undergoing unnecessary paperworks.

People who own the Card can skip the visa application and entry permit under personal travel application, and they will be able to make use of the multi-entry passes to take the special APEC lanes as they arrive at the participating nations.

Datuk R Ramanan Viewpoint on APEC Business Card

Datuk R Ramanan gave his full support to this scheme, and even applauded the Immigration Department of Malaysia for their proactive strategy to stimulate the growth and expansion of the economy at the national level with such a practical solution.

Datuk R Ramanan encouraged this initiative by asserting that the APEC business travel card has cleared the way for Malaysian enterprises to test the foreign markets with less restrictions. Businesses can make the most of this privilege resulting from great effort by the government officers who took the effort and visit other countries to nurture diplomatic relationship that benefits Malaysians.

The nations that are presently participating in the APEC scheme include Australia, Brunei Darussalam, Chile, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, and Vietnam. Canada and the United States are transition members of the program.

The scheme had a significant impact for Malaysia, since for some states, more bureaucratic administration is required. China, as one example, imposes the condition to submit an application for a permit to entry upfront regardless of whether it is actually a business-related re-entries or social pass.

Being a strong advocate for Indian people who run businesses in Malaysia, Datuk R. Ramanan stresses out on the necessity for them to grab the opportunity to bring economic success and growth to the nation. Stimulation by the Indian community locally helps as well to enhance the full endorsement of APEC Business Travel Card to fortify, develop and encourage the growing businesses.

A study conducted the APEC Policy Support Unit recently discovers that the APEC Business Travel Card scheme has resulted to a noticeable transaction cost reduction, which happens to be up to 38% which previously needed to be borne by the card owners. This shows that the initiative do not only help to lessen waiting time, but actual cost connected with travel. In estimation, between the period of March 2010 until July 2011, as many as 62,413 hours was saved by the pass holders, which equates to to USD 1.9 million in rough value says Datuk R Ramanan

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