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Obama Signs Asia-Pacific Business Travel Bill

President Barack Obama has signed a bill making it easier for U.S. business travelers to access Asia-Pacific nations more freely and quickly.

Obama signed the measure just before taking the stage Saturday to address the Asia-Pacific Economic Cooperation CEO Summit in his native Hawaii, referring to it as an "APEC business gold card."

The APEC Business Travel Card (ABTC) allows pre-screened business travelers easier entry to most of the 21 APEC member economies. The card removes the hassle of individually applying for visas or entry permits for every visit. It also allows multiple short-term entries into participating economies during the three years the card is valid. Card holders also benefit from faster immigration processing via special APEC fast lanes at major airports.


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