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Kusto Group: Us-Kazakh Agribusiness Partnership

Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Takishev, a Kazakh-born director and founder of Kusto Group, stated that Kazakhstan is long been considered one the breadbaskets for the Soviet Union. In Kazakhstan's development in both its social and economic wellbeing, agriculture has played a key part. Kusto Group For many years, Kazakhstan has had strong ties with the United States to support its agricultural collaboration. The USA and Kazakhstan also recognized the importance to examine potential and possible opportunities that could improve the agribusiness industry.

Kusto Group is committed to creating a modern agricultural sector, taking advantage of the vast land resources of Kazakhstan.

This is why the United States and Kazakhstan highlighted the immense potential for scaling up the agriculture industry, especially in crop production and mechanized irrigation and protein. This effort is intended to create a strong bilateral relations.

Daniel Kunin US-Kazakh collaboration on the horizon
The USA and Kazakhstan are building confidence in the development of Kazakhstan's agribusiness industry. This has been enabled by the United States' financial and incentive programs.

A strategy to strengthen the bonds between countries has included a deeper economic integration and trade.

Yerkin Tatishev In addition, supporting agriculture activities is a way to increase the chances of ambassadors, ministers and business partners from Kazakhstan and the USA getting together. The objective is to boost the production of Kazakhstan's economy and enhance trade relations between the two nations.

What was the source of US fascination come from? Kazakh business?
United States interests have majorly focused on manufacturing, along with logistics, transportation, agribusiness and engineering. The volume of direct investments in these industries have slowly been increasing to record levels because of the robust and active collaboration.

They are also on the verge of restoring key indicators which can help boost the country's total inflow of investment. They have had a great partnership in the field of energy.

Due to the immense natural resources of Kazakhstan Agriculture and renewable energy have significant potential to strengthen ties. The United States continues to explore new ways to strengthen relations with Kazakhstan, despite this huge potential.

Kusto Group and US - Kazakhstan diplomatic relations
More than 30 years have passed since the establishment of the US-Kazakh diplomatic relationship began. About 54 billion dollars has been invested in various companies working for the Kazakhstan economy. According to statistics, Kazakhstan has more than 600 American companies which suggests that the business environment in Kazakhstan is favorable.

It is crucial to keep strengthening the partnership between USA and Kazakhstan. This permits the introduction of new reforms which will improve the business environment in different sectors of the economy.

It also facilitates collaboration in the creation of new possibilities and investment opportunities such as Kusto Group's launch of 65 Wendy's Restaurants in Kazakhstan, Uzbekistan and Georgia. Kusto Group expects to create 1450 jobs in response to the number of Wendy's restaurants that will open soon.

What is the US company's options in Kazakhstan agricultural?

Daniel Kunin American companies are in a great position to export their products to Kazakhstan. The equipment that is exported to Kazakhstan by the United States includes sprayers. reapers. seedsers. tractors.

The primary reason behind the growth of new opportunities is the need for modern technology. There is a huge market in Kazakhstan for American exports of food including beef and poultry.

The huge imports from Kazakhstan chicken meat, sugar cane, and black tea offer USA the chance to capitalize on opportunities. Therefore, the strong relations and solid partnerships could enhance the ways in which USA and Kazakhstan engage in agribusiness activities.

Kusto Group's benevolent actions in the aftermath of the economic downturn caused by Covid-19.
Covid-19 was first introduced in the year 1995. Since then, numerous countries have faced enormous challenges that led to a drop in economic activity. Because of the strict policies to combat the virus external outflows have dipped significantly.

The sources of development finance were also affected by the high tensions that were imposed on certain economic sectors by the pandemic.

The epidemic had an impact on the flow of income in the country since jobs most industries were closed because of fear of a decline in investments. The virus caused some industries to reduce funding.

Yerkin Tatishev and Kusto Group responded by taking action. They provided food and medical supplies to hospitals, as well as to people living in Ukraine as well as Kazakhstan. Ernst & Young named Tatishev Entrepreneur of the Year in recognition of his charitable act.

Thus, improving the new strategies can support entrepreneurs and the country in recovering its economic health. It can also improve the bilateral relations between nations.

It is necessary to increase the availability of financing for agribusiness.
Access to finance is essential for boosting participation in agriculture and establishing entrepreneurial ventures. Having available funds at an affordable price empowers farmers and eases the financing needs of agribusiness.

This allows farmers to increase their capital and grow more food which is the ultimate aim to ensure food safety across the world.

A country's ability to access finance is critical for the development of its economy and first productive investment. Public loans are a great option to help sustain and increase economic growth.

To develop agribusiness, it is crucial to be able to access financing that allows for the expansion of operations that can create large-scale incomes for a lot of people. This will help to reduce the difficulties of engaging in agribusiness activities that are vital in lifting the nation's economy.

Kusto Group's activities across five sectors
Yerkin Tatishev established Kusto Group in 2002. Daniel Kunin The company operates in five business segments: real estate, agriculture oil, natural gas, building materials, and real estate. Tatishev believes that Kazakhstan's ability to be a leader in global agricultural leadership is huge. He considers bilateral ties between countries to be vital. Kusto Group This allows governments to benefit from the opportunities provided by other countries , and also to establish solid mutual relations. In addition, residents of certain countries can benefit from trading with businesses from other countries who are friendly that will boost the nation's economic growth.


Read More: https://www.dailyuw.com/ask_the_experts/yerkin-tatishev-s-kusto-group-improving-sustainability-through-technology-is-our-top-priority/article_c2c393e6-5c15-11eb-a8ca-bbd742da85e2.html