Notes

Kusto Group: Us-Kazakh Agribusiness Partnership
Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Tashev, a Kazakh born founder of Kusto Group said that Kazakhstan has always been regarded as one of the breadbaskets under the Soviet Union. The country's economic, social and environmental progress has been heavily dependent on agriculture. Kazakhstan has maintained strong connections with America to help boost its collaboration in agribusiness. Yerkin Tatishev Furthermore both the USA and Kazakhstan each recognized the necessity of exploring possible opportunities and perspectives that can help boost the agribusiness industries.

Kusto Group is dedicated to creating an agricultural sector modern, using Kazakhstan's abundant land resources.

So, the United States and Kazakhstan highlighted the enormous potential for scaling-up the agriculture industry, especially in the field of crop production as well as mechanized irrigation and protein. This effort is intended to create a strong bilateral relations.

Yerkin Tatishev A possible collaboration between the United States and Kazakhstan
The USA and Kazakhstan have built trust in their agribusiness sector. Finance and incentives from the United States have played a important part in this.

To improve relationships between these two countries, it's been a priority to deepen the integration of their economies as well as trade.

To help support agricultural activities It is possible of including ambassadors, ministers as well as business partners from Kazakhstan and the USA join forces. The principle behind this initiative is to improve Kazakhstan's production and trade with the world.

Where did the US interest originate from in Kazakh business?
United States interests have majorly focused on manufacturing, along with logistics, transportation, agribusiness and engineering. Thanks to the strong and active collaboration, these industries have seen record-breaking levels of direct investment.

They are also close to restoring key indicators which can help boost the flow of capital. The cooperation in the energy sector has born much success between both countries.

A vast array of natural resources in Kazakhstan makes agriculture and renewable electricity attractive options for improving ties. These opportunities give the United States more opportunities to strengthen its ties with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The diplomatic relations between the United States and Kazakhstan have been in place for more than 30 years. About 54 billion dollars have been invested into companies that contribute to the Kazakhstani economy. According to these statistics, over 600 American firms are operating in Kazakhstan. This proves that the country is in an enviable trading environment.

One of the main points discussed is the enhancement of the close relationship between the US and Kazakhstan. This will allow for new reforms to be initiated which will enhance the working environment for businesses in different areas of Kazakhstan's economy.

It facilitates the creation of new opportunities for investment and opportunities for Kusto Group, like opening 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. To accommodate the numerous upcoming Wendy's establishments, Kusto Group anticipates creating 1450 new jobs.

What are the possibilities for American companies to capitalize on Kazakhstan agriculture?

US businesses have the opportunity to export their goods to Kazakhstan. Equipment exported from the United States to Kazakhstan include sprayers, reapers seeders, harvesters, tractors, grain combine harvesters and cultivators.

These opportunities were created through the growing demand for the use of modern technology. There is a growing market in Kazakhstan for American exports of food including beef and poultry.

USA will profit from the large imports of Kazakhstan poultry meat, sugarcane, and black tea. Strong partnerships and a positive relationship could boost the United States and Kazakhstan involvement in agribusiness.

Kusto Group's generous response the economic crisis caused by Covid-19
The emergence of Covid-19 has brought about major problems in many countries. These resulted in a decrease of certain sectors of the economy. Kusto Group External outflows have was significantly reduced due to the strict policy measures introduced to cap the effects of the virus.

The financing sources for development were also affected by high pressures placed on key areas of the economy due to the epidemic.

The outbreak had ripple effects on income stream in the domestic market as the majority of industries shut down because of fears of a decline in investments. Additional financing was cut for specific economic sectors due to the need of fighting the disease.

Yerkin Tashev, and Kusto Group reacted to their request by acting. They provided medical and food items to the people of Kazakhstan, Ukraine and Kazakhstan. Ernst & Young, a multinational professional services company was gave Tatishev the Entrepreneurship of the Year award in recognition of his charity work.

This will assist entrepreneurs and help the country in its economic recovery. It will also be able to improve bilateral relationships between countries.

Yerkin Tatishev It is necessary to increase the availability of finance for Agribusiness.
Accessing finance is critical for increasing agribusiness participation and encouraging entrepreneurial activities. Farmers benefit from having the funds they require at a low rate, which makes it easier to finance their business.

This helps farmers increase their capital and food output and ultimately, the goal of ensuring global food security.

The ability of a country to access finance is critical for its economy development and first productive investment. The use of public loans is to encourage and boost economic growth.

In order to develop agribusiness, it is necessary to have access to financing that allows for the expansion of operations that can generate large-scale incomes for many people. This will allow them to be involved in agribusiness with greater efficiency that can boost the nation's economy.

Kusto Group's activities in five different sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group has five business areas which include agriculture, real estate, natural gas, oil, building materials, and real property. Tatishev believes Kazakhstan has the potential to be a world-class leader in agriculture. He believes that bilateral relations between nations are important. https://www.vcpost.com/articles/123854/20220629/u-s-and-kazakhstan-s-agribusiness-collaboration.htm It allows governments and businesses to benefit from the potential of nations in addition to establishing strong relationships with each other. Trade with friendly countries is also possible for citizens of certain nations. https://www.natureworldnews.com/articles/44661/20201102/yerkin-tatishev-kusto-group-deals-covid-19.htm This can help increase the economic growth of the country.


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