Notes

Kusto Group Us-Kazakh Agribusiness Partnership

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born founder of Kusto Group), stated that Kazakhstan has long been considered to be one of the main breadbaskets in the Soviet Union. Agriculture has played an important part in Kazakhstan's economic as well as environmental development. Kazakhstan has long had close ties with the United States in order to improve its collaboration with agribusiness. The USA and Kazakhstan also recognized the importance to study potential and feasible opportunities to improve the agribusiness industry.

Kusto Group aims to develop an efficient agricultural sector in Kazakhstan by utilizing the vast land resources of Kazakhstan.

So, the United States and Kazakhstan highlighted the immense potential for scaling up the agro industry, particularly in the production of crops as well as mechanized irrigation and protein. This massive effort is directed towards building a positive bilateral relationship.

A partnership between the US and Kazakhstan is on the in the near future
The USA and Kazakhstan have forged solid bilateral relations which has increased confidence in Kazakhstan's capacity to develop its agribusiness sector. The United States has played an crucial role in financing and incentives.

For strengthening the ties between these countries, a method to strengthen the ties between these countries has been to intensify trade and economic integration.

Additionally, the support of agriculture-related activities provides the opportunity for ministers, ambassadors, as well as business partners from Kazakhstan and USA to meet. The project is intended to improve trade and economic productivity in Kazakhstan.

Where does the US curiosity about Kazakh business from?
United States interests have majorly been in manufacturing sectors alongside transportation, logistics, agribusiness and engineering industries. The strong and active partnership has seen a steady increase in direct investments in these fields to records.

Both countries are on the brink of restoring key indicators to increase the total flow of investment into the country. They have achieved a remarkable cooperation in the field of energy.

The vast variety of natural resources found in Kazakhstan makes agriculture and renewable electricity attractive options for improving ties. Due to this immense potential, the United States is looking for more opportunities to strengthen the ties it has with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It's been more than 30 years since the US and Kazakhstan began relations diplomatically. Around 54 billion dollars has been invested in companies which support Kazakhstan's economy. Based on the given figures, more than 600 American companies have operations in Kazakhstan and the business conditions in Kazakhstan are favorable.

The strengthening of the strong partnership between US and Kazakhstan is still a critical factor to be considered. This allows for the introduction of reforms that enhance the business environment across diverse sectors of the economy.

It helps create new opportunities for investment and potential like Kusto Group's opening 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. Kusto Group plans to create 1450 new jobs as a result of the new Wendy's restaurants.

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

Businesses from the United States have an enormous market to export their 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, among others.

The increasing demand for modern technology has been an influencing factor for the new opportunities. There has been an increasing demand for the United States' food-related exports such as beef, poultry as well as seeds for planting and beverages in Kazakhstan.

USA is a potential market because of its huge imports from Kazakhstan of poultry meat, black tea and sugar cane. Thus, the excellent relationships and strong partnerships can enhance the ways in which USA and Kazakhstan engage in agribusiness activities.

Kusto Group's generous acts in the midst of economic recession caused by Covid-19.
Covid-19 has brought great difficulties for countries and has led to the decline of certain economic sectors. Strenuous policy measures to combat Covid-19 have greatly reduced external outflows.

The sources of development finance were also affected by the intense pressures placed on key areas of the economy by the pandemic.

https://luminohealth.sunlife.ca/en/health-care-provider-profile/psychologist/psychology-clinic-of-montreal/daniel-kunin-311599-353322/ Because of the fear of a decline in investment, a number of industries were forced to close due to the outbreak. Yerkin Tatishev The need to combat the disease led to a reduction in financing in some economic sectors.

Yerkin Tashev and Kusto Group reacted with action. They provided food and medical supplies to hospitals and the people of Ukraine and Kazakhstan. Ernst & Young awarded Tatishev the Entrepreneurship Award for his act of philanthropy.

Thus, improving the next strategies will support entrepreneurs and the country in recovering its economic health. It will also help to strengthen bilateral relations between countries.

Access to financing for agribusiness is crucial.
Access to financing is critical for increasing agribusiness participation and developing entrepreneurial ventures. Yerkin Tatishev The availability of funds at an affordable cost empowers farmers and eases the financing of agricultural businesses.

https://www.youtube.com/@danielkunin3852 This helps farmers increase their capital investment and food production and achieve the ultimate aim of ensuring that food security is guaranteed globally.

It is crucial to improve access to financing in order for productive investments to be made and the country's economy developed. The public loan funds can be used to support and stimulate economic growth.

Daniel Kunin To develop an agribusiness, you need to have access to finance in order to scale up operations and earn high-quality earnings for different individuals. This will make it easier to engage in agribusiness activities in ways that are more profitable for the country's overall economy.

Kusto Group's activities in five sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates across five different areas: agriculture gas, oil, real estate, and building materials. Tatishev believes that Kazakhstan's potential to become a global leader in agriculture leadership is tremendous. He believes bilateral ties between nations are essential. They allow governments to benefit from the opportunities provided by other nations and develop strong relationships with each other. Trade with friendly countries is also possible for the citizens of certain countries. This helps to increase the economic growth of the country.


Here's my website: https://luminohealth.sunlife.ca/en/health-care-provider-profile/psychologist/psychology-clinic-of-montreal/daniel-kunin-311599-353322/