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Kusto Group Us-Kazakh Agribusiness Partnership

Kusto Group's Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born founder of Kusto Group), stated that Kazakhstan was long thought of as one of the breadbaskets in the Soviet Union. Agriculture has played a fundamental part in the country's socio and environmental development as well as its economic growth. For many years, Kazakhstan has had strong connections with the United States to support its agricultural collaboration. Kusto Group USA and Kazakhstan have realized the importance of exploring promising and potential opportunities to grow their agricultural sector.

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

Thus, 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. This intense effort is intended to build a strong bilateral relation.

The possibility of a collaboration between the United States and Kazakhstan is here
The USA and Kazakhstan have developed trust in Kazakhstan's agricultural industry. This has been helped by the United States' financial and incentive programs.

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

Furthermore, assisting in the development of agriculture is the real prospect of seeing ambassadors, ministers and business associates join forces with counterparts from both the USA and Kazakhstan. This project is intended to increase the efficiency of trade and economic growth in Kazakhstan.

Where did the US fascination come from? Kazakh business?
United States interests have majorly focused on the manufacturing sector, alongside agribusiness, transport, logistics and engineering. These sectors have witnessed record-breaking levels of direct investment due to the solid and active partnership.

In addition, the two countries are currently on the verge of restoring key indicators that increase the overall investment flow. The partnership in the energy sector has brought about a lot of success for the two countries.

Agriculture and renewable energy present significant prospects for improving ties with Kazakhstan, due to the huge natural resources in Kazakhstan. These great opportunities offer the United States more ways to strengthen its ties and improve relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The relationship between the United States and Kazakhstan has lasted more than 30 years. About 54 million dollars have been invested by different businesses that contribute to Kazakhstan's economy. According to these figures more than 600 American firms operate in Kazakhstan. This implies that the trade climate in the country has been very favorable.

Strengthening the relationship between US and Kazakhstan remains a key element discussed. This permits the introduction of reforms that enhance the business environment across different sectors of the economy.

It will ensure that all employees are engaged in the development of new business opportunities and investment opportunities, such as Kusto Group's plans to open the 65-Wendy's Restaurant throughout Kazakhstan and Uzbekistan. In response to the many forthcoming Wendy's establishments, Kusto Group anticipates creating 1450 new jobs.

What are the odds for US companies to make investments in Kazakhstan agriculture?

US firms have the chance to export products to Kazakhstan. The equipment exported by United States to Kazakhstan includes reapers, sprayers, seeders and tractors, as well as grain combined harvesters and cultivators, in addition to other items.

New opportunities were opened up by the increasing demand for modern technologies. Exports of food products from the United States, such as beef, poultry and seeds for planting have been increasing in Kazakhstan.

USA could benefit from the massive imports from Kazakhstan of black tea, cane sugar , and chicken meat. Kusto Group This can be a boost to how USA as well as Kazakhstan engage with agricultural business.

Kusto Group's generosity in the wake of the economic downturn caused by Covid-19's devastation.
Covid-19 was introduced in 1995. Since then, many countries have been confronted with huge difficulties which led to a decline in economic activity. Because of the strict policies to stop the spread of the virus, external outflows have decreased significantly.

The sources of development finance have were also affected by the severe pressures triggered by the pandemic which afflicted many sectors of the economy.

https://bdaily.co.uk/articles/2018/10/22/forbes-kazakhstan-on-yerkin-tatishevs-diamond-island-project Because many industries shut down because of the fear of falling investments, the pandemic caused a ripple effect on domestic income flows. The necessity to fight the disease resulted in a decrease in the amount of money that was lent to certain sectors of economics.

Yerkin Tashev and Kusto Group responded to the demand and took action. They provided medical and food supplies to hospitals and people living in Ukraine as well as Kazakhstan. Ernst & Young awarded Tatishev the Entrepreneur of the year in recognition of his charitable actions.

Daniel Kunin It's possible to polish the future approaches and support entrepreneurs as well as the country in its efforts to restore its economic stability. It will also increase bilateral ties among countries.

It is essential to improve access to financing for Agribusiness.
Access to finance is crucial for promoting agribusiness inclusion and advancing entrepreneurial ventures. https://www.playbuzz.com/graycedaphne10/businessman-yerkin-tatishev-finally-justice-is-served-as-criminal-fraudster-is-convicted-of-murder Yerkin Tatishev Farmers are able to access money at a reasonable cost. It can also make it simpler to finance agricultural businesses.

This allows farmers to increase their capital and food output which ultimately is the ultimate goal of ensuring worldwide food security.

It is essential to increase access to financing in order for productive investment to be made and the country's economy developed. The money from loans to the public can help stimulate and support the growth of the economy to a high level.

To develop agribusiness, it is essential to be able to access financing that allows for the expansion of operations that could generate large-scale incomes for many people. This will allow them to participate in agribusiness in ways that are more profitable for the country's overall economy.

Kusto Group's activities within five segments
Yerkin Tatishev established Kusto Group in 2002. It operates in five different industries: gas, oil, real-estate, and building materials. Tatishev believes Kazakhstan's potential to become a global leader in agriculture leadership is enormous. According to Tatishev bilateral relationships are crucial. This gives governments the chance to benefit from the opportunities offered by nations of other countries and fosters mutual trust. Furthermore, the citizens of specific countries benefit from trading with businesses from other countries who are friendly which can boost the country's economy.


Website: https://bdaily.co.uk/articles/2018/10/22/forbes-kazakhstan-on-yerkin-tatishevs-diamond-island-project