Notes

Kusto Group: Us-Kazakh Agribusiness Partnership
Kusto Group: Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born the founder of the Kusto Group), stated that Kazakhstan has long been considered to be one of the main breadbaskets of the Soviet Union. As Kazakhstan has grown as well as its economic and social well-being agriculture has played an essential part. For a long time, Kazakhstan has been able to strengthen its agribusiness partnership with the United States. Both the USA as well as Kazakhstan realized the importance to look at possible and emerging opportunities to increase the growth of the agribusiness industry.

Kusto Group is determined to develop a modern agricultural sector that takes advantage of Kazakhstan's vast land resources.

This is why the United States and Kazakhstan highlighted the enormous potential for scaling-up the agro industry, particularly in crop production as well as mechanized irrigation and protein. This intense effort is to build an enduring bilateral relationship.

A US-Kazakh cooperation is at the in the near future
The USA and Kazakhstan have developed solid bilateral relations which has raised confidence in Kazakhstan's capability to expand its agricultural industry. The incentives as well as the financial support from the United States played a crucial role.

A plan to improve relations between nations has included a greater trade integration as well as economic integration.

To support agriculture activities It is possible of including ambassadors, ministers and business partners from Kazakhstan as well as USA join forces. The fundamental idea behind this is to increase the production of Kazakhstan's economy and increase trade relations between countries around the world.

From where is the US fascination with Kazakh commerce comefrom?
United States interests have majorly been in the manufacturing sector, alongside logistics, transportation, agribusiness and engineering industries. The volumes of direct investments in these areas have steadily been increasing to record levels because of the robust and active partnership.

They are also nearing the point of restoring key indicators to increase the country's total investment flow. The partnership in the field of energy has brought about a lot of success for the two countries.

Renewable energy and agriculture offer an opportunity to improve relations due to the vast natural resources found in Kazakhstan. This vast potential implies that the United States is looking for new ways to improve its ties and improve relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It has been more than 30years since the US and Kazakhstan signed relations diplomatically. A total of 54 billion dollars have been invested in companies that are contributing to Kazakhstan's economy. According to statistics, Kazakhstan has more than 600 American businesses which suggests that the business environment in Kazakhstan is favorable.

It is crucial to keep building the relationship between the USA and Kazakhstan. This will help in implementing new reforms to improve the working environment for businesses across various sectors of the economy.

It also permits collaboration in the development of new investment opportunities and opportunities like the openings by Kusto Group of 65 Wendy's stores across Kazakhstan. Uzkistan and Georgia. In response to the many forthcoming Wendy's establishments, Kusto Group anticipates creating 1450 new jobs.

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

US firms have the chance to export products to Kazakhstan. The equipment exported by United States to Kazakhstan includes reapers, sprayers, tractors, grain combined harvesters and cultivators, among other items.

New opportunities were opened up by the rising demand for advanced technology. Exports of food-related products from the United States, such as poultry, beef and seeds for plantation, have seen an increase in Kazakhstan.

USA is a great market because of Kazakhstan's large imports. This is why the great relations and solid partnerships could enhance the ways in which USA as well as Kazakhstan take part in agribusiness.

Kusto Group's kindness during the economic slump caused by Covid-19.
Covid-19 has caused a significant change in the world's economic environment. Thanks to the strict policy guidelines which have thwarted the virus, it has been limited in its spread. This has resulted in an impressive decrease in foreign outflows.

The financial sources that finance development were also affected by the high pressures imposed on important economic sectors due to the epidemic.

Daniel Kunin Since the crisis caused many industries to close and shut down, it had a negative impact on the domestic flow in incomes. The need to fight the virus led to reduced funding in certain economic sectors.

Yerkin Tashev and Kusto Group reacted with action. Kusto Group They gave food, medical equipment and other aid to people in Kazakhstan as well as Ukraine. Ernst & Young, a multinational professional services company, awarded Tatishev the Entrepreneurship of the Year award to recognize his charitable acts.

The country could also benefit from the development of new approaches to help entrepreneurs and regain its economy's viability. https://eng.binhduong.gov.vn/Lists/TinTucSuKien/ChiTiet.aspx?ID=4922 It will also benefit from the bilateral relationships between nations.

Yerkin Tatishev Daniel Kunin The need to increase access to finance for agribusiness.
Daniel Kunin Access to finance is crucial for promoting agribusiness inclusion and advancing entrepreneurial ventures. Farmers can be empowered when they can access funds at an affordable price. This makes it easier for them to finance their agricultural ventures.

This allows farmers to increase their capital and produce more food, which is the main goal for ensuring food safety worldwide.

The improvement of access to financing is crucial in launching productive investments and developing an economy. Public loans are an excellent way to support and stimulate the economy.

To develop an agricultural business, you have to have financial resources to scale up operations and generate high-quality incomes for various individuals. This will also mitigate the risks of engaging in agribusiness activities more efficiently, which is crucial to boosting the country's economy.

Kusto Group's activities span five sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group has five business areas that include real estate, agriculture oil, natural gas, building materials, and real property. Tatishev believes that Kazakhstan has a unique chance to be a leader in the global agriculture industry. According to him, bilateral ties between countries could be substantial. They allow businesses and governments to benefit from the potential of other nations, as well as establishing solid relationships. Trade with countries that are friendly to them is also possible for the citizens of specific nations. This will help to increase the economic growth of the country.


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