Datuk R Ramanan Supports APEC Travel Card Initiatives

Datuk R Ramanan

Datuk R Ramanan Supports APEC Travel Card Initiatives

Datuk R Ramanan’s Point of view on APEC Business Travel Card

The procedure of granting visitor passes and immigration clearance had commonly been known for its lengthy and complex protocol. This type of issue to make visa application was previously inescapable in order to maintain proper procedure and ensure safe passage for everybody. Sadly, this rather long process caused a negative impact on business interaction. After years of examining the potential solutions, the Asia Pacific Economic Cooperation (APEC) Business Travel Card was finally revealed.

The APEC Business Travel Card is made for entrepreneurs to allow them some degree of convenience while travelling. Participating countries have worked closer together in making this project possible with the mutual aim to establish a network for investment opportunities and stimulate free trade among its participating nations. The APEC Business Travel Card enables people who run businesses to get their short-term entry cleared upfront as they visit participating nations. Thus, excessive regulations that slows down the procedure may very well be avoided.

The previously required procedure to obtain entry permits under personal travel permits and visas can be skipped. Additionally, special APEC lanes are made available to the card holders when entering participating countries upon arrival.

Datuk R Ramanan

Datuk R Ramanan Ramakrishnan had fully endorsed the initiative and praised the Malaysia Immigration Department with regard to their effectiveness and determination to embrace this type of feasible solution that promotes an accelerated growth and expansion of the national economy.

Datuk R Ramanan encouraged this initiative byasserting that the APEC business travel card has cleared the way for local enterprises to test the foreign markets with less restrictions. Businesses can take advantage of this advantage as a result from great effort by the government officers who took the effort and visit other countries to strengthen diplomatic relationship that benefits us all.

The current 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. America and Canada, additionally, have also participated as transitional members.

The program had a significant impact for Malaysia, since for some countries, more bureaucratic administration is required. China, as an illustration, enforces the obligation to apply for a permit to entry in advance regardless of whether it is a business-related re-entries or social pass.

Recently, a report conducted by the APEC Policy Support Unit has shown that the APEC Business Travel Card initiative helps card holders to reduce their transaction cost about 38%. This means that the scheme does not only aid in reducing waiting time, but additionally real travelling cost. Between March 2010 to July 2011 alone, experts agree it is estimated that a total of 62,413 hours was saved by the card holders, which translated into USD1.9 million.

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Datuk R Ramanan Promotes Apec Travel Card

Datuk R Ramanan

Datuk Ramanan Promotes APEC Travel Card Initiative

Having to go through a long immigration clearance procedure just for visitor passes approval could in fact be problematic. Even though it is indisputable that such procedure is daunting, the visa application process is vital to make sure everyone’s safe passage. Even so, extremely common for similar procedures to affect business relations. Fortunately, a powerful solution, the Asia Pacific Economic Corporation (APEC) Business Travel Card was introduced to smoothen the process.

The APEC Business Travel Card is made available to entrepreneurs giving them the ability to travel easily. This is accomplished in a concerted effort by nations to stimulate free trade and open investment opportunities to participating countries. The APEC Business Travel Card allows travellers pre-cleared short-term entry into countries to conduct business, avoiding impractical paperwork for business-related purposes.

Datuk R Ramanan

Datuk R Ramanan | APEC PROCESS

The entire process of application for visas and entry permits under personal travel may 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 countries.

Datuk R Ramanan Ramakrishnan had fully endorsed the initiative and praised the Malaysia Immigration Department because of their effectivity and determination to embrace an incredibly feasible solution that promotes a rapid growth and expansion of the national economy.

Datuk R Ramanan | APEC SUPPORT

 

According to Datuk R Ramanan, he condones the APEC Business Travel Card initiative since it increased the opportunities for Malaysian entrepreneurs to go to other international markets in the region. Now, businesses can reap the rewards, and it’s all possible because of the incredible effort shown by the officers to visit the related countries to nurture good relationship and subsequently bring ease that will be enjoyed by Malaysians.

 

Thus far, the countries who have taken 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 attracted the United States of America and Canada to become its transitional members.

 

The significance are tremendous for our country, as diplomatic ties with certain countries involves more bureaucratic administration, for example, China, where the limitations on entry has to be applied ahead, whether it’s a social pass or business-related re-entries.

for more info, visit http://www.itsnabilck.com/dato-ramanan-ramakrishnan/

DATUK R RAMANAN RAMAKRISHNAN | APEC BENEFIT

Based upon a basic research carried out by the APEC Policy Support Unit, the APEC Business Travel Card aids to lessen transactional cost for its holders for up to 38%. This finding shows that the initiative works both saves time and actual cost spent on travelling. Based on estimation, the cummulative 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.