Datuk Ramanan Ramakrishnan Opinion on APEC Card
Datuk Ramanan Ramakrishnan Talks about the APEC Business Travel Card
Having to go through a lengthy immigration clearance process with regards to visitor passes approval tend to be inconvenient. Even though it is irrefutable that such procedure is laborious, the process of applying visa is significant to ensure everyone’s safe passage. Yet, extremely common for similar procedures to affect business relations. Fortunately, an excellent solution, the Asia Pacific Economic Corporation (APEC) Business Travel Card was brought to smoothen the process.
Now, business people can apply for the APEC Business Travel Card to get the privilege of travelling more freely. This project is made possible by participating nations with the mutual goal to promote free trade and open opportunities for investors. With APEC Business Travel Card, businesspeople can pre-clear their short-term entry into participating countries for business purpose. This approach helps to stay away from the excessive rules and formalities which affect business operation.
APEC Business Travel Card holders can just steer clear of the process of applying for visas along with entry permits under personal travel. They’ll also be able to use the APEC lanes as they enter into listed nations through this multi-entry pass.
Giving his full support, Datuk Ramanan Ramakrishnan had also complimented the Immigration Department of Malaysia for their endeavor in realizing such a wise solution that will lead to the national economic advancement and progression.
Datuk Ramanan Ramakrishnan
Datuk Ramanan Ramakrishnan in addition has supported this move by proclaiming that the APEC Business Travel Card has opened doors for Malaysians to venture freely into other economies. Now businesses can take advantage of these benefits as a result of the good work of these officers who visit other countries to foster ties in order to bring ease into our lives.
Current participating nations 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 United States and Canada, on the other hand, have also participated as transition members.
This programme has a tremendous impact on Malaysian businesses, simply because dealing with some foreign governments used to include bureaucratic administration. China, among other countries, makes it mandatory for social pass or business-related re-entries application to be made upfront.
Based on a research conducted by the APEC Policy Support Unit, the APEC Business Travel Card has helped to cut back transactional cost for its holders for up to 38%. This discovery shows that the initiative works both saves time and actual cost invested in travelling. Based on estimation, the cumulative time saved for the APEC Business Travel Card holders between March 2010 to July 2011 is 62,413 hours, which in monetary form, is valued at USD1.9 million.