Notes

Kusto Group - Us-Kazakh Agribusiness Partnership

Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born founder of the Kusto Group), stated that Kazakhstan has long been considered to be one of the main breadbaskets in the Soviet Union. Kazakhstan's environmental, socioeconomic and economic development have been shaped in large part by agriculture. Kazakhstan has had for a long time close ties with the United States in order to increase its agribusiness collaboration. Additionally both USA and Kazakhstan realized the need to look at potential opportunities and possibilities that could gear up the agricultural industry.

Kusto Group is dedicated to the development of a contemporary agricultural sector that makes use of Kazakhstan's vast land resources.

The United States and Kazakhstan have both emphasized the possibility for scaling-up the agriculture industry and have focused on crop production proteins and mechanized irrigation. This immense effort is aimed at creating an enduring bilateral relationship.

US-Kazakh collaboration at the horizon
The USA and Kazakhstan have developed solid bilateral relations which has increased confidence in Kazakhstan's capacity to grow its agribusiness industry. The United States has played an important role in financing and incentives.

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

Additionally, the support of agriculture initiatives provides the chance for ambassadors, ministers as well as business partners from Kazakhstan and USA to join forces. The objective is to boost the production of Kazakhstan's economy and enhance trade relations among the world's nations.

What's the cause of US curiosity about Kazakh businesses?
Daniel Kunin The United States has primarily invested in the manufacturing industry, along with agribusiness and transport logistics. These sectors have witnessed record-breaking levels of direct investments because of the robust and active relationship.

A number of key indicators are being restored by the two countries to help boost the country's investment inflow. Daniel Kunin Both countries have experienced tremendous success in cooperation in the field of energy.

Due to the immense natural resources of Kazakhstan agricultural and renewable energy have significant potential to improve ties. With such a huge potential it is no wonder that the United States is still exploring more opportunities to bolster its interests as it improves its ties with Kazakhstan.

Kusto Group Kusto Group and US - Kazakhstan diplomatic relations
The diplomatic relations between the US and Kazakhstan are in place for more than 30 years. A total of 54 billion has been invested into companies that contribute to the Kazakhstan economy. Based on the given figures, more than 600 American companies have operations in Kazakhstan which means that the trading conditions in Kazakhstan are favorable.

Strengthening the partnership between US and Kazakhstan remains a key aspect to be discussed. Daniel Kunin This will allow for the implementation of new reforms which will improve the business environment in diverse industries.

It also allows collaboration in the development of new prospects and investment opportunities. Kusto Group opened 65 Wendy's Restaurants in Kazakhstan, Uzbekistan, Georgia. Kusto Group has 1450 job opportunities in mind for the many Wendy's restaurants which are scheduled to start opening.

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

US businesses have a huge potential for their goods that exports to assist Kazakhstan agriculture. The equipment that the United States exported to Kazakhstan included sprayers. reapers. harvesters. seeders. cultivators.

The main reason for the growth of new opportunities is the necessity for the latest technology. The United States has seen a growing market for its food-related exports to Kazakhstan such as beef, poultry seeds, and plant materials.

The huge imports of Kazakhstan chicken meat, sugar cane, and black tea provide USA room for potential opportunities. This is why the great relationship and strong partnerships can bolster how USA and Kazakhstan engage in agribusiness activities.

Kusto Group's generosity in the downturn in the economy caused by Covid-19
Covid-19's emergence has caused major difficulties in some countries, and have led to a decline in certain areas of the economy. Due to strict policy measures which have thwarted the virus, it has been limited in spreading. It has resulted in an important decrease in external outflows.

High pressures indicted by the pandemic on significant sectors of the economy also affected the sources for development finance.

Because many industries shut down because of the fear of falling investment, the pandemic created an impact on the flow of income in the country. The virus also played a part in the reduction of funding for specific sectors.

Daniel Kunin Yerkin Tashev and Kusto Group reacted with action. They provided food and medical equipment to people in Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneurship Award for his generosity to charity.

It is possible to improve the new strategies and assist entrepreneurs and the nation in its efforts to improve its stability in the economy. It will also help to increase the ties between the two nations.

The ability to access financing for agribusiness is essential.
Finance access is essential to expand the agribusiness market and also promoting entrepreneurial ventures. Farmers can be empowered when they have access to funds at a reasonable cost that allow them to finance their agricultural business.

This enables farmers to increase their capital investment and produce more food, which is the ultimate aim of ensuring food security globally.

To grow a country's economy and invest in productive ways, it is important to improve access to finance. Yerkin Tatishev The public loan funds can be utilized to help and stimulate economic growth.

So, any agribusiness in development requires the right access to financing to expand operations and create a wide-ranging income for a variety of individuals. This will help in reducing the risk of engaging in businesses in agriculture to boost the economy of the country.

Kusto Group's business activities are spread across five sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group has five business areas which include agriculture, real estate, oil, natural gas construction materials, and real estate. Tatishev believes Kazakhstan is a prime candidate to lead the global agricultural industry. He believes that bilateral relations between countries are crucial. They allow governments to take advantage of the opportunities provided by other nations and to establish strong relationships with each other. Trade with countries that are friendly to them can also be done by residents of specific nations. This will help to improve the economy.


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