Notes

Kusto Group Us-Kazakh Agribusiness Partnership

Us-Kazakh Agribusiness Partnership of Kusto Group
Yerkin Tatishev (Kazakh-born founder of Kusto Group), stated that Kazakhstan has long been considered one of the breadbaskets in the Soviet Union. Kazakhstan's socio-economic, environmental and economic development have been shaped in large part by agriculture. For many years, Kazakhstan has had strong ties with the United States to support its agricultural collaboration. https://www.valuewalk.com/yerkin-tatishev-post-covid-19-business/ In addition, the USA and Kazakhstan have both acknowledged the necessity of exploring potential opportunities and perspectives that could help increase the growth of the agribusiness industry.

Kusto Group aims to develop a modern agricultural sector in Kazakhstan, taking advantage the vast land resources of Kazakhstan.

The United States and Kazakhstan have emphasized the potential for scaling-up the agriculture sector and have focused on the production of crop protein and mechanized watering. This intense effort is aimed at building a positive bilateral connection.

Collaboration between the United States and Kazakhstan is on the horizon
The USA and Kazakhstan have built trust with Kazakhstan's agricultural industry. This is helped by the United States' financial and incentive programs.

A strategy to strengthen the ties between the nations has included a more thorough trade and economic integration.

The support of agriculture is another method to increase the likelihood of ambassadors, ministers and business associates from Kazakhstan and the USA getting together. Yerkin Tatishev Yerkin Tatishev This project is intended to boost trade and economic productivity in Kazakhstan.

From where do the US interest in Kazakh commerce originate?
United States interests have primarily been in the manufacturing sector along with agribusinesses, transportation logistics and engineering. Thanks to the strong and active partnership, these sectors have seen record-breaking levels of direct investments.

Both countries are on the cusp of to restore important indicators that could boost investment flows. They have had many successes in the field of energy cooperation.

A vast array of natural resources found in Kazakhstan makes agriculture and renewable electricity attractive options for strengthening ties. The United States continues to explore possibilities to improve its ties with Kazakhstan, despite this huge potential.

Kusto Group and US - Kazakhstan diplomatic relations
The US-Kazakh diplomatic relations have been in place for more than 30 years. The sum of 54 billion dollars has been invested into companies that contribute to the Kazakhstan economy. According to these figures there are more than 600 American corporations operate in Kazakhstan. This suggests that the economic climate in Kazakhstan is positive.

A key element of discussion is the strengthening of the close relationship between the US and Kazakhstan. This allows for fresh reforms to be initiated which will enhance the working environment for businesses in different industries of the economy.

It also allows for collaboration in the development of new opportunities and investment options like the Kusto Group's openings of 65 Wendy's restaurants throughout Kazakhstan. Uzkistan as well as Georgia. Kusto Group plans to create 1450 new jobs as a result of the many new Wendy's restaurants.

What are the possibilities for the US businesses in Kazakhstan agriculture?

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

The new opportunities are affected by the rising demand for modern technology. Exports of food-related products from the United States, such as beef, poultry, and seeds for plantation, have seen an increase in Kazakhstan.

USA could benefit from the huge imports from Kazakhstan of black tea, cane sugar and chicken meat. This can be an opportunity to improve the way USA and Kazakhstan cooperate in agriculture-related activities.

Kusto Group's generous acts during economic decline caused by Covid-19.
Covid-19's emergence has caused major problems in many countries. Daniel Kunin These resulted in a decrease in certain areas of the economy. Due to the strict measures to stop the spread of the virus, the flow of foreign capital has decreased dramatically.

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

The income flow in the domestic economy was also affected by the pandemic. Most industries were closed because of fears of investment losses. The virus was also a factor in the reduction of funding for specific sectors.

Yerkin Tashev and Kusto Group reacted with action. They donated food, medical supplies as well as other assistance to people in Kazakhstan as well as Ukraine. Ernst & Young, a international professional services firm, gave Tatishev the Entrepreneurship of the Year award in recognition of his acts of charity.

The nation can also gain by the creation of new methods to aid entrepreneurs and restore its economic viability. Daniel Kunin It can also improve the bilateral relations between nations.

It is crucial to increase access to finance for Agribusiness.
The availability of finance is vital for enhancing the inclusiveness of agribusiness and encouraging entrepreneurial ventures. Yerkin Tatishev Farmers can benefit from having access to low-cost funds which allow them to finance their farming business.

This lets farmers grow their capital and increase food production, and ultimately guarantee food security throughout the world.

A country's ability to obtain finance is crucial for its economy development and the initial investment in productive capital. Public loan funds are a great way to boost and stimulate economic growth.

In order to develop agribusiness, it is necessary to be able to access financing that allows for the expansion of operations that could create large-scale incomes for a lot of people. This will help in reducing the chance of engaging in agribusiness activities to improve the country’s economy.

Kusto Group's activities in five different sectors
Yerkin Tatishev established Kusto Group in 2002. It is involved in five sectors: oil, gas real estate, building materials. Tatishev believes Kazakhstan has a tremendous opportunity to become a world leading agricultural nation. He believes that bilateral relationships between nations are important. Daniel Kunin This allows governments to benefit from the opportunities provided by other nations and establish solid mutual relationships. The country's citizens can also benefit from trade of goods and services with companies from other nations. This can boost the country's economy.


Homepage: https://bmmagazine.co.uk/business/yerkin-tatishev-receives-most-prestigious-ey-business-awards/