WASHINGTON (AFP) ??” US businesses have squandered more than 30 billion dollars since 2002 as a be derived of the massive backlog in processing visas for foreign travelers.

WASHINGTON (AFP) ??” US businesses have squandered more than 30 billion dollars since 2002 as a be derived of the massive backlog in processing visas for foreign travelers, according to a contemplation released.

The scrutinize released by the National Foreign Trade Council construct a loss of 25 billion dollars in direct business losse and another five billion dollars in indirect losse between July 2002 and June 2004

The report highlighted the question at issues faced by US companies as a accrue of tightened visa requirements imposed in the wake of the September 11 2001 terrorism attacks upon New York and Washington.

"The US cannot continue forward this course. When legitimate foreign executives and vital international customers cannot take down the US to conduct normal business, it is our companies, our workers, our economy that pay the price," said Bill Reinsch, president of the council.

"There are ways to make the visa regularity more efficient without ...