Notes

Kusto Group - Us-Kazakh Agribusiness Partnership

Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Tashev, a Kazakh-born Kusto Group founder said that Kazakhstan was once thought to be one of the breadbaskets within the Soviet Union. Agriculture has played an important contribution to Kazakhstan's economy as well as environmental growth. Since the beginning, Kazakhstan has had strong relations with the United States to support its agricultural collaboration. Both the USA and Kazakhstan realized the importance to look at possible and emerging opportunities that could improve the agricultural sector.

Kusto Group is dedicated to the development of a contemporary agricultural industry that makes use of Kazakhstan's abundant land resources.

So, the United States and Kazakhstan highlighted the immense potential for scaling up the agricultural industry, specifically in the field of crop production as well as mechanized irrigation and protein. Daniel Kunin This massive effort is directed towards developing a strong bilateral relations.

https://anotepad.com/notes/x6pypgpj A possible collaboration between the United States and Kazakhstan
The USA and Kazakhstan have been building trust in their agribusiness sector. The United States provided finance and incentives which have been a major factor in the development.

To enhance relationships between these two countries, it has been a priority to deepen economic integration as well as trade.

Yerkin Tatishev Additionally, the support of agriculture-related activities provides the opportunity for ministers, ambassadors, as well as business partners from Kazakhstan and USA to come together. The project is intended to boost trade and productivity of the economy in Kazakhstan.

Where is the US interested in Kazakh business from?
United States interests have primarily been in the manufacturing sector in addition to agribusinesses and transport logistics, and engineering. The active and strong partnership has seen an increase in direct investments in these fields to records.

Yerkin Tatishev Both countries are close to getting back key indicators in order to increase the country's total investment flow. They have had great success working together in the energy industry.

Because of the vast natural resources of Kazakhstan There are significant possibilities to enhance relations using energy sources and agriculture. The United States continues to explore new ways to strengthen its ties with Kazakhstan despite the huge potential.

Kusto Group and US - Kazakhstan diplomatic relations
The US-Kazakh diplomatic relationship has been in place for more than 30 years. A total of 54 billion dollars have been invested into companies that help the economy of Kazakhstan. Based on the available figures, more than 600 American firms have operations in Kazakhstan, meaning the trade situation in the country is favorable.

The strengthening of the strong relationship between US and Kazakhstan is still a critical element discussed. This gives Kazakhstan the chance to begin fresh reforms to improve the business environment for different parts of Kazakhstan's economy.

It also allows collaboration in the development of new investment opportunities and prospects. Kusto Group opened 65 Wendy's Restaurants in Kazakhstan, Uzbekistan, Georgia. Kusto Group has 1450 job possibilities in mind for the numerous Wendy's restaurants set to open.

What are the chances for US companies to invest in Kazakhstan agriculture?

The US has a large market for its products that are sold to Kazakhstan. Equipment exported from the United States to Kazakhstan include reapers seeders, sprayers harvesters and tractors grain combine harvesters, and cultivators.

The primary reason behind the rise of new possibilities has been the requirement for advanced technology. Exports of food-related products from the United States, such as beef, poultry and seeds for planting have increased in Kazakhstan.

USA has many opportunities because of Kazakhstan's huge imports. Strong partnerships and a strong relationship could boost the United States and Kazakhstan involvement in agricultural activities.

Kusto Group's generous action during the recession caused by Covid-19.
Covid-19 has led to an important change in the economic landscape. Yerkin Tatishev External outflows have decreased significantly due to strict policy measures introduced to cap the virus.

High pressures indicted by the pandemic in significant economic sectors have also affected the sources of development finance.

Because of the fear of falling investment, many industries were forced to close because of the pandemic. Additionally, the reduction in financing for certain areas of the economy was due to the need to fight the virus.

Yerkin Tashev and Kusto Group reacted by taking action. They donated food, medical equipment and other supplies to people in Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneur of the year for his charitable acts.

It is possible to refine the strategies for the future and help entrepreneurs as well as the country in its efforts to restore its economic stability. It will also help to increase the ties between nations.

It is necessary to increase the availability of financing for agricultural business.
Access to finance is crucial to encourage agribusiness integration and the development of entrepreneurial activities. Farmers are empowered and their financing can be made more simple through the availability of funds at a cost-effective rate.

This allows farmers and others to boost their capital as also to increase the production of food. The ultimate goal is global food security.

It is essential to increase the access to financial services to enable productive investments to be made and the country's economy to develop. The money from loans to the public can help stimulate and support economic growth to a satisfactory amount.

Agribusiness development requires access financial capital in order to expand operations and earn high-income. This will allow them to be involved in agribusiness in ways that are beneficial for the country's overall economy.

Kusto Group's activities in five sector
Yerkin Tatishev established Kusto Group in 2002. It operates in five different sectors: oil, gas real estate, building materials. Tatishev believes Kazakhstan is an ideal location to become a world agricultural leader. According to him, bilateral relationships between the two countries are significant. This allows governments to benefit from the opportunities provided by other nations and to build solid mutual relations. It also allows citizens of the country to benefit from the trade of goods and services with companies from other countries. This can help boost the economy.


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