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Kusto Group's Us-Kazakh Partnership for Agribusiness
Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Takishev, a Kazakh-born founder and director of Kusto Group, stated that Kazakhstan was for a long time one the breadbaskets for the Soviet Union. Agriculture has essentially played a significant role in the country's social, environmental and economic development. Since its beginning, Kazakhstan has been able to improve its agribusiness relationship with the United States. The USA and Kazakhstan are also aware of the need to explore potential and promising opportunities to boost their agribusiness industries.

Kusto Group is committed to developing a modern agricultural sector, taking advantage of Kazakhstan's vast resources for land.

The United States and Kazakhstan have highlighted the immense potential for scaling the agricultural industry, including in the field of crop production proteins and mechanized watering. This massive effort is directed towards building a positive bilateral connection.

US-Kazakh collaboration at the horizon
The USA and Kazakhstan have been building trust with Kazakhstan's agribusiness sector. This is due in large part to the impact of incentives and financing from the United States.

To improve relationships between these two nations, it has been a priority to deepen economic integration and trade.

Furthermore, assisting in the development of agriculture is the most likely way of having ambassadors, ministers and business partners come together from the USA and Kazakhstan. The fundamental idea is to boost the economy of Kazakhstan and improve trade among countries across the globe.

What is the reason for US fascination with Kazakh business?
United States interests are primarily in the manufacturing and logistics sectors, along with agribusiness, transportation, logistics, and engineering industries. These sectors have witnessed record-breaking levels of direct investments due to the strong and active partnership.

A number of key indicators are being brought back by the two nations to aid in boosting the investment flow into the country. Both countries have enjoyed tremendous success in cooperation in the energy industry.

Renewable energy and agriculture offer an opportunity to improve relations with Kazakhstan, due to the huge natural resources in Kazakhstan. Due to this immense potential, the United States continues to look for ways to strengthen its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The US - Kazakhstan diplomatic relationship has been in place for more than 30 years. Yerkin Tatishev About 54 billion dollars have been invested into various companies working for the Kazakhstan economy. Statistics reveal that more than 600 American firms operate in Kazakhstan. This indicates that Kazakhstan has a favorable trade environment.

It is important to continue expanding the partnership between the United States and Kazakhstan. This will aid in implementing new reforms to will improve business conditions across different sectors of the economy.

It also allows for cooperation in developing new investment opportunities and opportunities, such the openings by Kusto Group of 65 Wendy's locations across Kazakhstan. Uzkistan as well as Georgia. Yerkin Tatishev Kusto Group expects to create 1450 new jobs as a result of the numerous Wendy's restaurants that will open soon.

Daniel Kunin What are the potential opportunities for the US companies to capitalize on Kazakhstan agriculture?

Businesses from the United States have a substantial market opportunity for exporting their products to Kazakhstan. Equipment exported by the United States includes sprayers. reapers. seedsers. tractors.

Kusto Group The new opportunities resulted of the growing demand for modern technology. A growing market exists for food-related items from the United States such as poultry cattle, seedlings, beef and beverages in Kazakhstan.

USA has potential opportunities due to the large amount of imports from Kazakhstan of chicken meat, black tea and cane sugar. Strong partnerships and a strong connection can increase the US and Kazakhstan involvement in agribusiness activities.

Kusto Group's kindness in the economic downturn caused by Covid-19.
Since the introduction of Covid-19 the countries have faced enormous problems that led to a drop in various areas of the economy. External outflows reduced significantly because of strict measures taken to cap the spread of the virus.

High pressures created by the pandemicthat affected large parts of the economy also adversely affected sources of finance to support development.

The epidemic had a ripple effect on the income stream in the domestic market as jobs most industries were closed because of fears of a drop in investment. Due to the necessity to fight the virus, specific industries saw decreased financing.

Yerkin Tatishev and Kusto Group responded by taking action. Kusto Group They donated food, medical equipment and other aid to people in Kazakhstan as well as Ukraine. Ernst & Young, a multinational company that provides professional services has presented Tatishev the Entrepreneurship of the Year award in recognition of his charitable acts.

It is possible to polish the future strategies and assist entrepreneurs and the country in its efforts to restore economic stability. It can also help strengthen bilateral ties between the two nations.

There is a need to increase the availability of finance for Agribusiness.
Accessing finance is vital for growing agribusiness as well as supporting business ventures that are entrepreneurial. Farmers will be able to access funds at a reasonable price, which makes it easier for them and their financial operations.

This helps farmers increase their capital and produce more food, which is the ultimate goal in ensuring food security across the globe.

The ability of a country to obtain finance is crucial to the development of its economy and initial productive investment. The funds from public loans can stimulate and support economic growth at a very high scale.

Agribusiness development requires access finance to increase operations that generate high profits. This will allow them to engage in agribusiness activities in more efficient ways that can boost the nation's economy.

Kusto Group's activities across five different sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates in five sectors: agriculture gas, oil, real estate, and building materials. Tatishev believes that Kazakhstan is destined to become a world-class leader in technology for agriculture. He believes that bilateral relationships between countries are significant. They allow governments to make use of the opportunities offered by nations of other countries and builds trust between nations. Trading with companies from friendly countries can also benefit citizens of particular countries, and will improve the performance of the nation's economy.

https://www.transtats.bts.gov/exit.asp?url=https://www.kimep.kz/en/blog/2021/04/19/global-leadership-forum-crisis-management-lessons-business-after-pandemic-kazakhstan-reality-by-yerkin-tatishev/
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