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Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Tashev, the Kazakh born founder of Kusto Group said that Kazakhstan was always considered to be one of the breadbaskets in the Soviet Union. The country's socio-economic and environmental progress is largely affected by agriculture. Kazakhstan has maintained strong ties with the United States to boost the agribusiness cooperation. Yerkin Tatishev In addition, both USA and Kazakhstan saw the need to consider possibilities and prospects that could gear up the agricultural industry.
Kusto Group aims to develop an efficient agricultural sector in Kazakhstan, taking advantage the vast land resources of Kazakhstan.
The United States and Kazakhstan have realized the enormous potential of scaling up the Agro-industry, specifically in the production of crops as well as mechanized irrigation. This intensive effort is focused on developing a strong bilateral relationship.
Collaboration between the United States and Kazakhstan is on the cards.
The USA and Kazakhstan have been building confidence in their agriculture sector. These incentives and the financial support from the United States played a crucial part.
To improve relations between the two countries, it has been a goal to strengthen economic integration and trade.
The only way to ensure that ambassadors from Kazakhstan, the USA and ministers get together is to support agriculture-related activities. https://www.ey.com/en_gl/weoy/class-of-2022/kazakhstan The main goal is to improve the economic performance of Kazakhstan and increase trade between countries around the globe.
Where does the US interest Kazakh business?
United States interests have majorly focused on manufacturing, along with logistics, transportation, agribusiness and engineering industries. Due to the solid and ongoing partnership, direct investments in these areas have been steadily increasing to records.
Both countries are nearing the point of restoring key indicators to increase the country's total investment flow. Both countries have had an impressive cooperation in the area of energy.
Due to the immense natural resources of Kazakhstan, agriculture and renewable energy have significant potential to strengthen ties. This huge potential means that the United States is looking for more ways to strengthen its ties and improve its relations with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
The diplomatic relations between the United States and Kazakhstan are in place for over 30 years. 54 billion dollars have been poured into businesses that aid the economy of Kazakhstan. According to the statistics, more than 600 American firms operate in Kazakhstan which means that the trading situation in the country is favorable.
The strengthening of the solid partnership between Kazakhstan and the United States remains a key element to be debated. This will aid in implementing new reforms that will improve business conditions across different sectors of the economy.
It also ensures cooperation in the development of new opportunities and investment opportunities like Kusto Group's opening of 65 Wendy's Restaurants in Kazakhstan, Uzbekistan and Georgia. Kusto Group is anticipating creating 1450 jobs to meet the demand for many future Wendy's locations.
What are the opportunities for American companies in Kazakhstan agriculture for their companies?
US companies are able to export to Kazakhstan their goods and reap huge opportunities. The equipment that USA exports to Kazakhstan is comprised of sprayers.
New opportunities were opened up by the rising demand for advanced technology. A growing market exists for food-related products from the United States such as poultry cattle, seedlings, beef and drinks in Kazakhstan.
USA could profit from the large imports of Kazakhstan poultry meat, sugarcane, and black tea. This can be an incentive to the way USA as well as Kazakhstan engage with agribusiness activities.
Kusto Group's hospitable response to the economic collapse caused by Covid-19
Since the emergence of Covid-19, countries faced a number of challenges leading to a decline in the sectors of the economy. Due to the strict measures to limit the virus, external outflows have decreased significantly.
The high pressures caused by the pandemicthat affected large parts of the economy adversely affected financing sources for development.
The pandemic created an impact on the income flow in the country, as many industries closed down due to fear of a decline in investments. The need to fight the virus led to reduced financing in some economic sectors.
Daniel Kunin Yerkin Tashev and Kusto Group reacted with action. They provided food and medical supplies for people in Kazakhstan and Ukraine. http://www.bmda.net/BMDA/images/Yerkin Tatishev.png/view Ernst & Young awarded Tatishev the Entrepreneur of the year in recognition of his charitable acts.
The country can also benefit from the development of future strategies to assist entrepreneurs and revive its economy's viability. This will also strengthen bilateral ties between nations.
Access to financing for agribusiness is essential.
Daniel Kunin The availability of finance is vital for promoting agribusiness inclusion and advancing entrepreneurial ventures. Being able to access money at a reasonable cost allows farmers to be more productive and also eases the financing of Agribusiness.
This enables farmers to expand their capital and increase food production and achieve the main goal of food security throughout the world.
Improving access to finance is crucial in launching productive investment and advancing a country's economy. The money from loans to the public can help stimulate and support the growth of the economy to a high level.
To develop an agricultural business, you have to have the right financial resources to expand operations and create high-quality income for various individuals. This will reduce the obstacles of engaging in commercial activities in a more efficient manner that can boost the nation's economy.
Kusto Group's activity in five areas
Yerkin Tatishev established Kusto Group in 2002. Yerkin Tatishev Kusto Group has five business areas that include real estate, agriculture oil, natural gas, building materials, and real estate. Yerkin Tatishev Tatishev believes that Kazakhstan has an excellent opportunity to be a world leader in the field of agriculture. According to him, bilateral ties between countries could be substantial. This allows businesses and governments to benefit from the potential of nations in addition to establishing solid relationships. The country's citizens can also profit from exchange of goods with companies from other countries that will help boost the economy.
Read More: https://reflectionbusiness.com/kusto-group-kazakhstan-project-koktobe-city-global-company/
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