U.S. Finally Moves to Ease Visa Restrictions

February 5, 2012

The U.S. government is finally taking steps to simplify the U.S. visa application process. On Jan. 19, President Obama signed an executive order with the aim of the reducing paperwork and time required to process visas. The executive order specifically sets out to reduce the waiting time of applicants from China and Brazil. It also eliminates the need for Taiwanese to apply for U.S. visas.

The move will provide a clear benefit to the U.S. economy as it will be easier for millions of tourists and business travellers to enter the U.S. This also has wide ranging benefits for the U.S. exhibition industry which has long-suffered due to the slow, bureaucratic visa system.

Stephanie Selenick, president of International Trade Information, said that visa applicants in Shanghai wait an average of 51 days for a visa interview and more than 120 days in Sao Paulo.

This executive order will solve the problem, but at a minimum it is a step in the right direction with potentially strong benefits for U.S. exhibition organisers looking to attract international visitors and exhibitors.

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.