Notes

Us-Kazakh Agribusiness Partnership of Kusto Group
Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Takishev, who was born in Kazakhstan and is the founder and director of Kusto Group, stated that Kazakhstan is long been considered one of the breadbaskets of the Soviet Union. Agriculture has essentially played a fundamental contribution to the country's social economic, environmental, and environmental growth. For a long time, Kazakhstan has had strong ties with the United States to support its agribusiness cooperation. In addition, 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 making the agricultural sector modern, using Kazakhstan's abundant land resources.

Thus, Kazakhstan and the United States have emphasized the huge potential for scaling up the agro-industry, majorly in the production of crops, protein, and mechanized irrigation. This is an intense attempt to build a stronger bilateral relationship.

Kusto Group Collaboration between the United States and Kazakhstan is on the cards.
The USA and Kazakhstan have been building trust in their agricultural sector. These incentives and the financial support by the United States played a crucial role.

Deepening economic integration and trade has also been a key strategy to strengthen ties between two nations.

The most likely scenario for having ambassadors from Kazakhstan and the USA, and ministers meet is in supporting agriculture activities. This can help improve trade between world countries and increase Kazakhstan's economic output.

What was the source of US fascination come from? Kazakh business?
United States interests have majorly been in the manufacturing sector, alongside transportation, logistics, agribusiness and engineering industries. Thanks to the robust and active collaboration, these industries have seen record numbers of direct investment.

They are also on the verge of getting back key indicators that can help boost investment flows. Both countries have experienced huge success with their collaboration in the energy sector.

Renewable energy and agriculture offer an opportunity to improve relations due to the vast natural resources found in Kazakhstan. Due to this immense potential and the huge potential for renewable energy, the United States continues to look for ways to strengthen the ties it has with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
More than 30 years have passed since the beginning of the US-Kazakh diplomatic relations began. 54 billion dollars has been poured in companies that help the Kazakhstani economy. According to the statistics more than 600 American companies operate in Kazakhstan. This proves that the country is in an environment for trade that is favorable.

It is crucial to keep expanding the partnership between the United States and Kazakhstan. This will enable the implementation of new reforms that will help improve the business environments across the economy.

It facilitates the creation of new investment opportunities and potential for Kusto Group, like opening 65 Wendy's restaurants in Kazakhstan, Uzbekistan, and Georgia. Kusto Group expects to create 1450 new jobs as a result of the numerous Wendy's restaurants opening soon.

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

Companies from the United States have a substantial market opportunity to export their products to Kazakhstan. Equipment that is exported by the United States includes sprayers. reapers. seedsers. Tractors.

These opportunities are driven by the increasing need for advanced technology. There has been an increasing market for the United States' food-related exports like poultry, beef, planting seeds, as well as beverages from Kazakhstan.

The large imports of Kazakhstan poultry meat, cane sugar, and black tea offer USA an opportunity to profit from. https://www.israelnationalnews.com/news/276475 This could give a boost to how USA and Kazakhstan cooperate in agribusiness activities.

Kusto Group's generosity in the downturn in the economy caused by Covid-19
Since the advent of Covid-19 nations' have seen tremendous difficulties that have led to a decrease in certain economic sectors. Because of the strict policies to stop the spread of the virus, external outflows have dipped significantly.

Development finance sources also suffered from the high pressures caused by the pandemic that afflicted large sectors of the country's economy.

Yerkin Tatishev In the wake of fears of investment declines, many industries were forced to shut down because of the pandemic. Additional funding was cut off for certain economic sectors because of the necessity to fight the disease.

Yerkin Tashev responded by taking actions. They provided food, medical equipment, and other aid to the people of Kazakhstan as well as Ukraine. Yerkin Tatishev Ernst & Young, a multinational company that provides professional services was awarded Tatishev the Entrepreneurship of the Year award to recognize his charitable acts.

Yerkin Tatishev So, polishing the new strategies can support entrepreneurs and the country in recovering its economic stamina. It will also help to strengthen bilateral relationships between countries.

It is imperative to increase access and financing for agribusiness.
The ability to access finance is essential to expand agribusiness and assisting business ventures that are entrepreneurial. Having available funds at a cost that is affordable allows farmers to be more productive and also eases the financing needs of agribusiness.

It allows farmers and others to increase their capital investment as also to increase the production of food. The aim is to ensure that food security in the world is secure.

The improvement of access to financing is crucial in launching productive investment and advancing an economy. Public loans are a fantastic method of boosting and supporting the economy.

To develop an agribusiness, you need to have financial resources to expand operations and earn high-quality earnings for different people. This will allow them to engage in agribusiness activities efficiently, which can help improve the country’s economy.

Kusto Group's activities in five different sectors
Yerkin Tatishev established Kusto Group in 2002. The company is active in five fields including gas, oil, real estate as and building materials. Tatishev believes that Kazakhstan has the potential to be a leader in technology for agriculture. He believes bilateral ties between nations are essential. They allow businesses and governments to benefit from the potential of nations in addition to establishing strong relationships with each other. It also permits citizens of certain countries to benefit from trade businesses from other countries which could help boost their economy.


Read More: https://bmmagazine.co.uk/business/kusto-groups-daniel-kunin-on-accelerating-growth-through-strategic-partnerships/