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Reducing Business Travel Costs: The Success of APEC’s Business Mobility Initiatives
Following the conclusion of APEC’s Second Trade Facilitation Action Plan (TFAP II) in 2010, the APEC Policy Support Unit (PSU) conducted the Final Assessment by analysing the contributions made by the working groups in the four priority areas – Customs Procedures, Standards and Conformance, Business Mobility, and Electronic Commerce. The study, conducted for the Business Mobility Group (BMG), found that business travel costs for APEC Business Travel Card (ABTC) holders were reduced by 38% over the 12-month period between March-July 2010 and March-July 2011 for total savings of USD 3.7 million as a result of the ABTC scheme. Specifically, application time costs were reduced by 43.3%, immigration processing time costs were reduced by 52.4%, and application fees were reduced by 27.8% for ABTC holders engaged in cross-border business travel in the APEC region. It was also found that 91% of ABTC holders were satisfied overall with the ABTC scheme.

Announcements

May 09, 2013 - Announcements
Lost or Stolen APEC Business Travel Cards My APEC Business Travel Card has been lost or stolen. What should I do? Don’t panic! The first step is not to panic. All APEC economies understand that, from time to time, a business person may lose their APEC Business Travel Card or have it stolen. In this situation there...
Jan 26, 2012 - Announcements
Canada’s transitional membership status extended At BMG 3 Meeting, The Group agreed to extend Canada’s transitional membership status for another 3 year period to ensure their continued participation in the ABTC scheme.
Jan 26, 2012 - Announcements
New secure APEC Business Travel Card launched The newly designed, security-enhanced APEC Business Travel Card was put into circulation in the third quarter of 2011. With new features that can prevent alteration and counterfeiting. this card assists in promoting APEC’s vision of a secure economic community, in particular, the safe and secure movement of business people.

News

Nov 12, 2011 - News
Business leaders applaud Obama’s move on APEC travel card Business leaders today welcomed new legislation giving US citizens access to the APEC Business Travel Card scheme, a crucial tool for business travel in the Asia-Pacific region.
May 29, 2010 - News
Russia joins the APEC Business Travel Card Scheme The APEC Business Mobility Group announced today that the Russian Federation has been accepted into the APEC Business Travel Card (ABTC) scheme as a transitional member. This means that all of APEC's 21 members now participate in the scheme.
Jan 25, 2007 - News
APEC Business Travel Card Extends its Reach The use of the APEC Business Travel Card could be extended to all 21 APEC member economies following discussions on the scheme at the first meeting of the APEC Business Mobility Group (BMG) in Canberra today.

The APEC Business Travel Card is an initiative of the APEC Business Mobility Group.

Abtccardsample  OldABTCCard

"We recognize the need for business people to move quickly between APEC economies when pursuing trade and investment opportunities."

 



About ABTC

To know more about the ABTC scheme, please click here.

To view a summary of the ABTC scheme, please click here.