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Kusto Group - Us-Kazakh Agribusiness Partnership
Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Tashev, the Kazakh born founder of the Kusto Group said that Kazakhstan has always been considered one among the breadbaskets under the Soviet Union. Kazakhstan's agriculture industry has played an important role in its social, economic and environmental development. Kazakhstan has maintained close ties with America , which has helped to increase the agribusiness cooperation. https://www.datanyze.com/companies/kusto-group-inc/348382158 The USA and Kazakhstan are also aware of the need for exploring possibilities and opportunities to grow their agricultural industries.

Kusto Group is committed to creating a modern agricultural sector, taking advantage of Kazakhstan's rich land resources.

The United States and Kazakhstan have highlighted the immense potential to scale the agricultural industry, including in crop production protein and mechanized watering. This concentrated effort is designed to promote the bilateral relations between the two countries.

The US-Kazakh cooperation is on the edge of the future
The USA and Kazakhstan have built trust in their agricultural sector. This is in large part due to the role of incentives and financing from the United States.

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

To support agriculture activities It is possible of having ministers, ambassadors and business partners from Kazakhstan as well as USA join forces. The motivation behind this project is to increase Kazakhstan’s production and trade with the world.

Where is the US curiosity about Kazakh business from?
United States interests include agribusinesses transportation logistics manufacturing, engineering and transportation. Due to the solid and ongoing partnership, direct investments in these areas have steadily increased to records.

Also, the countries are currently on the verge of returning key indicators to level up the country's total investment flows. Both countries have enjoyed great success in their cooperation in the field of energy.

Daniel Kunin Due to the immense potential of the natural resources in Kazakhstan Agriculture and renewable energy have a significant potential to strengthen ties. With such a huge potential, the United States is still exploring new opportunities to enhance its interests and strengthen relations with Kazakhstan.

Daniel Kunin Kusto Group and US - Kazakhstan diplomatic relations
It's been more than 30 years since the US and Kazakhstan established an official relationship. Different companies that are involved in the Kazakhstan economy have received investment that amount to 54 billion dollars. According to these statistics there are more than 600 American firms operate in Kazakhstan. This proves that Kazakhstan has a favorable trading environment.

The strengthening of the relationship between US and Kazakhstan remains a key factor to be considered. Yerkin Tatishev This will help to initiate new reforms that improve the business climate in various areas of the economy.

It will ensure that all employees are involved in the design of new opportunities and investment opportunities, like Kusto Group's decision to open an upscale 65-Wendy's location throughout Kazakhstan as well as Uzbekistan. In response to the many coming Wendy's restaurants, Kusto Group anticipates creating 1450 new jobs.

What are the potential opportunities for US companies to capitalize on Kazakhstan agriculture?

US businesses have a huge market for their products that exports to help Kazakhstan agriculture. Equipment that is exported by the United States includes sprayers. reapers. seedsers. Tractors.

The growing need to use modern technology has been an influencing factor for the new opportunities. The United States has seen a increasing demand for its food-related exports to Kazakhstan such as beef, poultry seeds, as well as planting plants.

USA could be a great opportunity due to its large imports from Kazakhstan of chicken meat, black tea and cane sugar. It is possible to improve the relations between USA and Kazakhstan and engage in agribusiness.

Kusto Group's hospitable response to the economic collapse caused by Covid-19
Since the introduction of Covid-19 the countries faced a number of challenges leading to a decline in various economic sectors. The level of external outflows was significantly reduced due to the strict measures taken to stop the spread of the effects of the virus.

The pressures that were created by the pandemicthat affected large portions of the economy negatively affected the sources of financing to support development.

In the wake of fears of investment declines, many industries had to close due to the pandemic. Additional financing was cut for certain economic sectors due to the need of fighting the virus.

Yerkin Tatishev and Kusto Group responded by taking action. They provided medical and food items to those living in Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneurship Award in recognition his acts.

This will aid entrepreneurs and the country with its economic recovery. Also, it will benefit from bilateral ties between nations.

Access to finance for agricultural businesses is critical.
Accessing finance is vital for expanding agribusiness and supporting entrepreneurial ventures. Farmers can gain confidence by having access to low-cost funds that make it possible to finance their farming business.

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

The availability of finance is essential to start productive investments and growing a nation's economy. Public loan funds are able to stimulate and support economic growth at a high level.

Daniel Kunin So, any agribusiness in development requires adequate access to financial resources to expand operations and create a wide-ranging income for a variety of people. This will also mitigate the risks of engaging in agricultural business more efficiently, which is essential in uplifting the country's economy.

Kusto Group's business activities in five sector
Yerkin Tatishev established Kusto Group in 2002. The company is active in five different areas: oil, gas and real estate, as well as building materials. Tatishev believes that Kazakhstan offers a huge opportunity for global leadership in the field of agriculture. He believes that bilateral relationships are very important. They allow businesses and governments to tap into the potential of other nations, as well as establishing solid mutual relationships. Furthermore, the citizens of certain nations can benefit from trading with businesses from friendly nations which can boost the economy of the country.


Read More: https://www.jpost.com/tags/yerkin-tatishev
     
 
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