Notes

Us-Kazakh Agribusiness Partnership of Kusto Group

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born the founder of the Kusto Group), stated that Kazakhstan was long thought of as to be one of the main breadbaskets of the Soviet Union. Agriculture has played a fundamental part in the country's socio economic, environmental and cultural development. Since its beginning, Kazakhstan has been able to strengthen its agribusiness partnership with the United States. Furthermore, the USA and Kazakhstan each recognized the need to look into possible opportunities and possibilities that could increase the growth of the agribusiness industry.

Kusto Group is committed to the development of a modern agricultural industry by utilizing the vast land resources of Kazakhstan.

USA and Kazakhstan have emphasized the potential for scaling-up the agricultural industry, with a focus on crop production protein and mechanized watering. It is a significant effort to create a strong bilateral relationship.

A partnership between the US and Kazakhstan is on the in the near future
The USA and Kazakhstan have forged strong relations between the two countries that have raised confidence in Kazakhstan's capability to expand its agricultural sector. Daniel Kunin The United States provided finance and incentives which have played a significant role in this development.

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

Furthermore, the support for agriculture activities offers the possibility for ambassadors, ministers as well as business partners from Kazakhstan and USA to meet. The fundamental idea is to increase Kazakhstan’s economy and boost trade among nations across the globe.

From where does the US interest in Kazakh commerce come?
United States interests are mainly in the logistics and manufacturing sectors, along with transportation, agribusiness and engineering. The strong and active partnership has seen a steady increase in the volume of direct investment in these sectors to records.

Also, the countries are currently in the process of getting back key indicators that help to level up the country's overall investment flow. Yerkin Tatishev Kusto Group Both countries have enjoyed huge success with their collaboration in the energy sector.

Due to the immense natural resources found in Kazakhstan, there are significant possibilities to enhance relations using the fields of agriculture and renewable energy. This enormous potential implies that the United States continues to look for ways to improve its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
More than 30 years have passed since the establishment of the US-Kazakh diplomatic relation. Around 54 billion dollars have been invested into different companies that work for the Kazakhstan economy. The statistics reveal that more than 600 American firms operate in Kazakhstan. This suggests that Kazakhstan has an environment for trade that is favorable.

However, it is vital to enhance the partnership with Kazakhstan. This will aid in implementing new reforms to improve the business climate across different sectors of the economy.

It helps create new investment opportunities and prospects for Kusto Group, like opening 65 Wendy's restaurants in Kazakhstan, Uzbekistan, and Georgia. Kusto Group plans to create 1450 additional jobs due to the new Wendy's restaurants.

What are the potential opportunities for American-owned companies to capitalize on Kazakhstan agriculture?

The US has a large market for its products that are exported to Kazakhstan. http://downarchive.org/user/Kusto.Groupyevo985/ Daniel Kunin Equipment that the United States exports to Kazakhstan includes sprayers. reapers. seeders. tractors. grain combined harvesters. and cultivators.

New opportunities were created by the growing demand for modern technologies. Daniel Kunin The United States has seen a rising market for its food exports to Kazakhstan, including cattle, poultry seeds, and plant materials.

USA can take advantage of the massive imports from Kazakhstan of black tea, sugar cane and poultry meat. The strong partnerships and relationships between USA and Kazakhstan can assist in improve how they engage in agribusiness.

Kusto Group's generous actions in times of economic downturn due to Covid-19.
Since the advent of Covid-19 nations have faced enormous challenges leading to a decline in certain economic sectors. Thanks to the strict policies which have thwarted the virus, it has been limited in its spread. This has resulted in significant reductions in foreign outflows.

Sources of finance for development were also affected by the severe pressures that the pandemic caused on large sectors of the economy.

The epidemic had an effect that rippled through the domestic flow of incomes as many jobs were closed because of fear of a drop in investment. Additionally, the reduction in financing for some areas of the economy was due to the necessity to fight the virus.

Yerkin Tashev and Kusto Group reacted by taking actions. They gave food and medical equipment to people in Kazakhstan, Ukraine, and Kazakhstan. Ernst & Young awarded Tatishev the Entrepreneurship Award for his philanthropic efforts.

The country can also benefit from the development of new approaches to help entrepreneurs and regain its economy's viability. Additionally, it can benefit from bilateral ties between nations.

It is necessary to increase access to financing for Agribusiness.
Access to finance is essential for boosting participation in agriculture and developing entrepreneurial ventures. Farmers can be empowered by having access to money at a reasonable cost. This makes it simpler for them to finance their agribusiness ventures.

This allows farmers to grow their capital and increase food production, and ultimately ensure food security worldwide.

The improvement of access to financing is essential in initializing productive investments and developing an economy. The use of public loans is to boost and encourage good economic growth.

https://www.fcc.gov/fcc-bin/bye?http://yerkintatishev.wikidot.com/ The availability of finance is crucial for the growth of agribusiness. This will allow you to grow your operations to create a wide range of incomes. This will also mitigate the challenges of engaging in agribusiness activities with greater efficiency, which is essential in uplifting the country's economy.

Kusto Group's activities within five segments
Yerkin Tatishev established Kusto Group in 2002. The company operates in five fields that include gas, oil, real estate, as in building materials. Tatishev believes that Kazakhstan is a great place to be for leadership on the global stage in agriculture. According to Tatishev's opinion, bilateral relations are essential. They allow governments to take advantage of the opportunities provided by other countries and build solid mutual relationships. It also allows citizens of the country to benefit from trade of goods and services with companies from other countries. This can boost the country's economy.


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