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Datuk R. Ramanan Talks about the APEC Business Travel Card

Datuk R. Ramanan

Immigration clearance can be quite the hassle which can require a lengthy process for visitor passes to be approved. This irritating but important visa application process is to ensure safe passage and also proper procedure is observed and afforded to all. Nonetheless, this rather long, albeit crucial process, may hinder business relationships. This is actually where the APEC Business Travel Card makes things much less difficult.

Companies can obtain APEC business travel card to enjoy more flexibility while on travel. In an endeavor to open investment opportunities and promote free trade, the governments from participating countries have worked together to accomplish this objective. The possessors of the APEC business travel card can pre-clear their short-term entry into the listed countries for commercial purposes, and this can certainly help to avoid them from dealing with unnecessary red tapes.

The whole process of application for visas as well as entry permits under personal travel could very well be skipped by individuals, and card holders can make use of this multi-entry passes to use the designated APEC lanes upon arrival at the listed nations.

Datuk Ramanan Ramakrishnan

had fully endorsed the initiative and praised the Malaysia Immigration Department because of their effectivity and determination to embrace this kind of functional solution that promotes a quick growth and expansion of the national economy.

To date, 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. Not only that, the scheme had also drawn the United States of America and Canada to become its transition members.

As some foreign governments impose bureaucratic administration over diplomatic relations, the significance happen to be huge for Malaysia.One of those particular countries, China, strictly required applications for entry, whether it’s a business-related re-entries or a social pass, to be applied beforehand.

Being a strong advocate for Indian company owners in Malaysia, Datuk R. Ramanan stresses on the importance for them to seize the opportunity to bring economic success and growth to the nation. Stimulation by the Indian community locally helps to promote the full endorsement of APEC travel card to bolster, develop and encourage the rapidly growing businesses.

In accordance to a research conducted by the APEC Policy Support Unit, the schemes launched by the APEC Business Travel Card has led to a significant reduction in transaction cost for card holders about 38%. This proves that these types of efforts not simply function in reducing waiting time, but actual travel cost in the process. It’s estimated that the time saved due to these card holders in March 2010 to July 2011 is 62,413 hours, which happens to be estimated at a value of USD1.9 million.