Datuk R. Ramanan applauds APEC Business Travel card endeavours in Malaysia
Immigration clearance is quite the hassle and may take a lengthy process for visitor passes to be approved. This daunting but essential visa application process is to ensure safe travelling and the proper procedure is complied with and afforded to all. However, this time consuming, albeit important process, may possibly impede business relations. Here’s where the APEC Business Travel Card makes things much simpler.
Now, business owners can apply for the APEC Business Travel Card to get the privilege of travelling more easily. This initiative is made possible by participating countries with the mutual purpose to encourage free trade and open opportunities for investment. With the APEC Business Travel Card, company owners can pre-clear their short-term entry into participating countries for business purpose. This procedure helps to avoid the excessive rules and formalities affecting business operation.
Datuk Ramanan Ramakrishnan | APEC Travel Process
The process of application for visas along with entry permits under personal travel can certainly be skipped by individuals, and card holders can utilize this multi-entry passes to take the designated APEC lanes upon arrival at the listed nations.
The APEC Business Travel Card scheme received full endorsement from Dato’ R. Ramanan. The Immigration Department of Malaysia was praised by him because of their efficient work towards realization of the functional solution that can induce strong economic growth.
Dato’ Raman Support On APEC Travel Card
Datuk Ramanan Ramakrishan showed his support on the move specifying that the APEC Business Travel Card has increased the prospects for Malaysian entrepreneurs to venture into foreign economies within the region. Organizations can now make use of this privilege on account of the notable effort made by representatives to visit foreign nations and foster strong relations that benefits the whole nation.
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 among the participating members of the APEC scheme. Meanwhile, USA and Canada have joined the pact as transitional members.
The program had a sizeable impact for Malaysia, since for some states, more bureaucratic administration is established. China, as an example ,, imposes the requirement to submit an application for an entry permit upfront regardless of whether it is actually a business-related re-entries or a social pass.
Datuk R. Ramanan is another strong advocate for Malaysian Indian businesspeople, and stresses that it’s necessary for these individuals to reap the benefits of such a flexibility so that they can bring economic success and growth to the country. The motivation of the Malaysian Indian community likewise helps cement and fully utilise the opportunity of all sectors of the population to stimulate and foster young and burgeoning businesses.
Based to a research by the Support Unit of APEC policy, the schemes introduced by the APEC Business Travel Card has caused a substantial reduction in cost of transaction for card holders up to 38%. This proves that these efforts not just operate in reducing waiting time, but actual travel cost too. Experts agree it is estimated that the time saved for these card holders in March 2010 to July 2011 is 62,413 hours, which is estimated at a value of USD1.9 million.