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Kusto Group: Us-Kazakh Agribusiness Partnership

Kusto Group's Us Kazakhstan Agribusiness Partnership
Yerkin Takishev, a Kazakh born director and founder of Kusto Group, stated that Kazakhstan was for a long time one the breadbaskets for the Soviet Union. The country's economic, social and environmental progress is largely dependent on agriculture. For a long time, Kazakhstan has been able to strengthen its agribusiness partnership with the United States. In addition, the USA and Kazakhstan both recognized the need to explore possibilities and perspectives that could help increase the growth of the agribusiness industry.

Kusto Group is dedicated to the creation of a modern agricultural sector that makes use of Kazakhstan's rich land resources.

America and Kazakhstan have highlighted the potential for scaling-up the agriculture industry by focusing on crop production protein and mechanized watering. It is a significant effort to create a strong bilateral relationship.

US-Kazakh collaboration on the horizon
The USA and Kazakhstan have built solid bilateral relations which has boosted confidence in Kazakhstan's ability to grow its agribusiness industry. This is made possible by the United States' financial and incentive programs.

A plan for strengthening the ties between the countries has included a greater trade integration as well as economic integration.

Furthermore, assisting in the development of agriculture is the real prospect of having ambassadors, ministers and business associates join forces with counterparts from both the USA and Kazakhstan. The project is intended to improve trade and productivity of the economy in Kazakhstan.

Where did the US fascination come from? Kazakh business?
United States interests are mainly in the manufacturing and logistics sectors, but also transportation, agribusiness, and engineering industries. The volumes of direct investments in these areas have steadily increased to a record level because of the robust and active partnership.

https://nagasolar.nl/author/daniel.kuninbact112/ Both countries are on the verge to restore key indicators that can boost the flow of investment. They have had great success working together in the energy sector.

Due to the immense natural resources of Kazakhstan, there are significant opportunities to improve relations via the fields of agriculture and renewable energy. This enormous potential implies that the United States continues to look for ways to enhance its relationship with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
Over thirty years have passed since the beginning of the US-Kazakh diplomatic relations began. About 54 billion dollars have been invested into companies that help the economy of Kazakhstan. According to data, Kazakhstan has more than 600 American firms, which indicates that the trade climate in Kazakhstan is favorable.

The most important aspect of discussions is the strengthening of the strong partnership between US-Kazakhstan. This allows for new reforms to be initiated that will improve the business environment across all areas of the economy.

Yerkin Tatishev It allows for the development of new investment opportunities and prospects, such as Kusto Group's opening 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. Kusto Group is anticipating creating 1450 new jobs to satisfy the need for future Wendy's restaurants.

What are the US company's options for Kazakhstan agriculture?

US businesses can export their goods to Kazakhstan, which is an excellent potential. The equipment exported by United States to Kazakhstan includes reapers, sprayers, tractors, grain combined harvesters and cultivators, in addition to others.

The key factor behind the growth of new opportunities has been the need for modern technology. The United States has seen a increasing demand for its food-related exports to Kazakhstan, including poultry, beef seeds, as well as planting plants.

Yerkin Tatishev USA is a potential market due to its large imports from Kazakhstan of chicken meat, black tea, and sugar cane. This could give an opportunity to improve the way USA as well as Kazakhstan engage with agriculture-related activities.

Kusto Group's kind actions during the economic slump caused by Covid-19's actions during the economic downturn.
Covid-19 is a major threat for nations and caused an increase in certain economic sectors. An aggressive strategy to stop the spread of the virus has resulted in a dramatic reduction in the flow of external capital.

Sources of finance for development were also affected by the immense pressures the pandemic brought on sectors of the economy.

Since most industries shut down due to fear of falling investment, the pandemic had a ripple effect on domestic income flows. In addition, reduced funding for certain areas of the economy resulted from the necessity to fight the virus.

Yerkin Tashev as well as Kusto Group responded to the demand and took action. They donated food, medical supplies, and other aid to people in Kazakhstan as well as Ukraine. In appreciation of his act of giving back, Tatishev was awarded the Entrepreneur of the Year by the global professional services group Ernst & Young.

It is possible to refine the future approaches and support entrepreneurs as well as the country in its efforts to improve its stability in the economy. It can also improve bilateral ties among nations.

It is necessary for a greater access to finance for Agribusiness.
Access to finance is essential to increase the agribusiness inclusion and advancing entrepreneurial initiatives. Farmers can be empowered and their financing is made easier through the availability of funds at an affordable rate.

This allows farmers to increase their capital and food production and ultimately, this is the goal of ensuring global food security.

The ability of a country to access finance is critical to its economic development as well as the initial investment in productive capital. Public loans are a great method to sustain and boost economic growth.

The development of agribusiness requires access financial capital to grow operations and earn high-income. This will help ease the risks of participating in agribusiness more efficiently, which is essential in uplifting the country's economy.

Kusto Group's business activities across five industries
Yerkin Tatishev established Kusto Group in 2002. The company is active in five areas that include gas, oil, real estate, as well as building materials. Tatishev believes that Kazakhstan is a great place to be to be a world leader in the field of agriculture. He believes that bilateral relationships between countries are crucial. Daniel Kunin They allow governments to benefit from the opportunities provided by other countries and build solid relationships. Yerkin Tatishev It also allows citizens of the country to benefit from exchange of goods with businesses from other nations. This can help boost the economy.

Daniel Kunin
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