Notes

Us-Kazakh Agribusiness Partnership of Kusto Group
Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born the founder of the Kusto Group), stated that Kazakhstan was long thought of as to be one of the main breadbaskets in the Soviet Union. Kazakhstan's social, economic and environmental progress has been heavily influenced by agriculture. Kazakhstan has built strong bonds to enhance its agribusiness cooperation with the United States for a long time. Daniel Kunin The USA and Kazakhstan have also acknowledged the necessity of exploring possible and promising avenues to increase their agribusiness sectors.

Kusto Group is determined to establish a modern agriculture sector that takes advantage of Kazakhstan's vast land resources.

Thus, Kazakhstan and the United States have emphasized the huge potential to scale up the agricultural industry, primarily in the production of crops protein, as well as mechanized irrigation. This initiative is designed to create a strong bilateral relationship.

The collaboration between the US and Kazakhstan is on the edge of the future
The USA and Kazakhstan have built trust in their agricultural sector. Finance and incentives from the United States have played a important part in this.

To strengthen the bonds between these two countries, a method to strengthen the ties between these countries has been to increase economic integration and trade.

To help support agricultural activities, there is the possibility of having ministers, ambassadors and business partners from Kazakhstan and the USA meet. Yerkin Tatishev This is a way to improve trade between world countries and increase Kazakhstan's economic output.

Yerkin Tatishev Where do the US desire to invest in Kazakh commerce originate?
United States interests have majorly been in the manufacturing sector, alongside agribusiness, transport, logistics and engineering. Because of the strong and ongoing partnership, direct investment in these fields have been steadily increasing to record levels.

In addition, the two countries are on the verge of returning key indicators to level up the country's overall investment flow. The two countries have had great success in the energy sector.

The vast resources available in Kazakhstan provide the renewable energy and agriculture attractive options to strengthen ties. This huge potential means that the United States is looking for new ways to improve its ties and improve its relationships with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It has been more than 30years since the US and Kazakhstan signed relations diplomatically. The sum of 54 billion dollars has been invested by companies who are working to improve the economy of Kazakhstan. Based on the given figures, more than 600 American companies operate in Kazakhstan which means that the trading situation in the country is favorable.

Kusto Group A key element of discussion is the strengthening of the strong relationship between the United States and Kazakhstan. This will allow for the introduction of new reforms that will improve the business environment across all industries of the economy.

Kusto Group It makes sure that everyone is engaged in the development of new opportunities and investment opportunities, such as Kusto Group's opening an upscale 65-Wendy's location throughout Kazakhstan and Uzbekistan. Kusto Group is anticipating creating 1450 jobs to meet the demand for many future Wendy's locations.

What are the chances for US firms to make investments in Kazakhstan agriculture?

US companies have an opportunity to export their goods to Kazakhstan. The equipment exported by the United States to Kazakhstan includes reapers, sprayers, tractors, grain combined harvesters and cultivators, in addition to other items.

The opportunities for these were made possible due to the increasing demand for the use of modern technology. There is a growing demand for food-related products imported from the United States such as poultry, beef, seedlings, and beverages in Kazakhstan.

The huge imports of Kazakhstan chicken meat, cane sugar and black tea provide USA an opportunity to profit from. This could be an opportunity to improve the way USA and Kazakhstan engage with agriculture-related activities.

Kusto Group's generosity in times of economic downturn caused by Covid-19.
Since the emergence of Covid-19 the countries have faced enormous problems that led to a drop in various areas of the economy. Strict policy measures to curb the virus have significantly reduced external outflows.

The sources of development finance were also affected by high pressures imposed on important sectors of the economy by the pandemic.

https://www.amazon.com.be/-/en/Seth-D-Kunin/dp/0304337587 Because the panic caused many industries to close and shut down, it had a negative impact on domestic flow incomes. The need to fight the virus led to reduced funding in certain economic sectors.

Yerkin Tatishev and Kusto Group responded by taking action. They provided food and medical supplies to hospitals, as well as to people in Ukraine as well as Kazakhstan. Ernst & Young awarded Tatishev the Entrepreneurship Award for his actions.

This will assist entrepreneurs and help the country in its economic recovery. It will also increase the bilateral relations between nations.

The need to increase access to finance for agricultural businesses.
Finance access is crucial in expanding agribusiness inclusivity and fostering entrepreneurial activities. Farmers are empowered when they can access money at a reasonable cost. This makes it simpler for farmers to finance their agribusiness ventures.

This helps farmers grow their capital, increase production of food, and ultimately guarantee food security throughout the world.

The country's ability to obtain finance is crucial to its economic development as well as first productive investment. Public loans can be used to encourage and boost economic growth.

Thus, agribusiness that is developing requires adequate access to financial resources for expansion of operations in order to generate far-reaching incomes for various individuals. This will help ease the risks of engaging in agricultural business with greater efficiency, which is vital to the nation's economy.

Kusto Group's activities across five sector
Yerkin Tatishev established Kusto Group in 2002. The company is active across five different areas: agriculture gas, oil real estate, oil and gas, as well as building materials. Tatishev believes Kazakhstan is an ideal place to become a world agricultural leader. According to Tatishev bilateral relationships between nations are crucial. This allows governments to benefit from the opportunities offered by other countries and to build solid mutual relationships. Citizens of the country can also benefit from the exchange of goods with companies from other nations which can boost the country's economy.


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