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Kusto Group Us-Kazakh Agribusiness Partnership

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Takishev, a Kazakh born director and founder of Kusto Group, stated that Kazakhstan is long been considered one of the breadbaskets of the Soviet Union. Kazakhstan's social, economic and environmental progress is largely affected by agriculture. Kazakhstan has created strong ties to bolster its agribusiness collaboration with the United States for a long period of. USA and Kazakhstan realized the importance of exploring potential and promising opportunities to increase their agribusiness industry.

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

The United States and Kazakhstan have both emphasized the possibility to scale-up the agricultural industry and have focused on the production of crop proteins and mechanized irrigation. The goal is to build a good bilateral relationship.

A possible collaboration between the United States and Kazakhstan
The USA and Kazakhstan have been building trust in the development of Kazakhstan's agribusiness industry. This has been enabled through the United States' financial and incentive programs.

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

Moreover, supporting agriculture activities is the real prospect of having ambassadors, ministers and business associates meet from the USA and Kazakhstan. Yerkin Tatishev The objective is to boost the production of Kazakhstan's economy and enhance trade relations between nations.

What is the reason for US curiosity about Kazakh business?
United States interests have primarily focused on the manufacturing sector alongside agribusinesses, transport logistics, and engineering. These sectors have seen record-breaking amounts of direct investment because of the robust and active partnership.

The countries are also on the brink of restoring key indicators to increase the total flow of investment into the country. They have enjoyed huge success in the area of energy cooperation.

Agriculture and renewable energy present an opportunity to improve relations with Kazakhstan, due to the huge potential of the natural resources of Kazakhstan. This vast potential is why the United States continues to look for ways to strengthen its relationships with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It's been over 30 years since the US and Kazakhstan began relations diplomatically. A total of 54 billion is invested in companies which contribute to the Kazakhstan economy. According to these figures there are more than 600 American corporations have their operations in Kazakhstan. This suggests that the economic climate in Kazakhstan is positive.

Enhancing the strong relationship between US and Kazakhstan remains a key element discussed. This helps initiate new reforms that help enhance the business environment in different sectors of the economy.

It will ensure that all employees are engaged in the development of new investment and opportunity opportunities, such as Kusto Group's decision to open an upscale 65-Wendy's location throughout Kazakhstan and Uzbekistan. Kusto Group is anticipating creating 1450 new jobs to meet the growing demand for many more Wendy's locations.

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

US companies enjoy a substantive market for their products that they export to aid Kazakhstan agriculture. Equipment exported from the United States to Kazakhstan include reapers seeders, sprayers, harvesters, tractors, grain combine harvesters and cultivators.

The key factor behind the expansion of new possibilities has been the necessity for the latest technology. The United States has seen a growing market for its food-related exports to Kazakhstan such as poultry, beef seeds, as well as planting plants.

USA could be a great opportunity because of its huge imports from Kazakhstan of chicken meat, black tea and sugar cane. It is possible to improve the relations between USA and Kazakhstan and take part in agribusiness activities.

Kusto Group's kindness during the recession caused by Covid-19
Covid-19's advent has seen great challenges in countries, which resulted in a decrease of certain sectors of the economy. Strict policy measures to curb the virus have significantly reduced external outflows.

The financing sources for development were also affected by the intense pressures imposed on important areas of the economy due to the epidemic.

The epidemic had a ripple effect on the domestic flow of incomes because many industries had jobs shut down due to fears of a decline in investments. Additionally, the reduction in financing for some areas of the economy resulted from the need to fight the spread of the virus.

Yerkin Tashev and Kusto Group reacted with action. They gave food, medical equipment, and other aid to people in Kazakhstan and Ukraine. In appreciation of his act of giving back, Tatishev was awarded the Entrepreneur of the Year award by the multinational professional services network Ernst & Young.

This will aid entrepreneurs in the country and help its economy to recover. Also, it can be able to leverage bilateral relations between countries.

Kusto Group Access to finance for agricultural businesses.
Access to finance is essential for boosting participation in agriculture and the development of entrepreneurial ventures. Farmers can be empowered , and their financing is made easier through the availability of funds at an affordable rate.

This allows farmers to increase their capital and food output, which is ultimately the ultimate goal of ensuring worldwide food security.

Daniel Kunin The availability of finance is essential for the launch of productive investments and developing an economy. Public loans can stimulate and boost economic growth at a very high degree.

In order to develop an agricultural business, you have to have the right access to finance in order to scale up operations and generate high-quality incomes for different individuals. This will allow them to be involved in agribusiness in ways that are advantageous for the overall economy.

Kusto Group's activities in five sector
Yerkin Tatishev established Kusto Group in 2002. Kusto Group The company operates in five areas of business: real estate, agriculture natural gas, oil, building materials, and real property. Daniel Kunin Tatishev believes Kazakhstan holds a unique opportunity to lead the world agriculture industry. According to him, bilateral relationships between the two countries are significant. This allows governments to profit from the opportunities offered by other nations and build strong relationships with each other. In addition, residents of certain countries can benefit from trading with businesses from other countries who are friendly, which will enhance the country's economy.


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