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APEC / Visa facilitation could create up to 2.6 million jobs report says

Visa facilitation could create up to 2.6 million jobs in the Asia-Pacific Economic Cooperation (APEC) economies by 2016, according to the United Nations World Tourism Organization (UNWTO). In a report “The Impact of Visa Facilitation in APEC Economies”, co-produced by the World Travel and Tourism Council (WTTC), research indicates that while visa policies of APEC countries require an average of 63 per cent of the world population to obtain a visa, out of the 355 million tourists travelling to APEC destinations in 2013, an estimated 20 per cent needs to obtain a visa.

That figure is expected to rise to 21 per cent during the 2014-2016 time frame. According to the report, APEC stands to gain between 38 and 57 million additional international tourist arrivals by 2016 from visa facilitation.

The inflow of additional international tourism receipts generated by these additional arrivals could reach between $62 and $89 billion, an increase of 9-14 per cent.

Moreover, the total number of jobs created as a consequence of this increase is estimated to range from 1.8 to 2.6 million, according to the figures in the report.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2013-10-03 à 09.48.12

via Associated Press Of Pakistan ( Pakistan’s Premier NEWS Agency ) – Visa reforms could lead to 2.6 million new jobs: UN.

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