Notes

Us-Kazakh Agribusiness Partnership of Kusto Group

Us-Kazakh Agribusiness Partnership of Kusto Group
Yerkin Tatishev (Kazakh-born the founder of the Kusto Group), stated that Kazakhstan has been long considered one of the breadbaskets of the Soviet Union. Kusto Group Agriculture has played a significant role in Kazakhstan's economic, environmental, and social growth. Since the beginning, Kazakhstan has had strong relations with the United States to support its Agribusiness collaboration. In addition both the USA and Kazakhstan both recognized the necessity of exploring possible opportunities and perspectives that could help boost the agribusiness industries.

Kusto Group aims to develop a modern agricultural sector in Kazakhstan, taking advantage the vast land resources of Kazakhstan.

Both the United States of America and Kazakhstan have emphasized the enormous potential for scaling up their agricultural industry, especially in crop production as well as mechanized irrigation and protein. This massive effort is directed towards developing a strong bilateral relationship.

The collaboration between the US and Kazakhstan is in the works
The USA and Kazakhstan have developed trust in the agribusiness sector in Kazakhstan. The United States has played an significant role in the financing and incentive.

Deepening economic integration and trade is also an effective strategy for strengthening ties between the two nations.

Supporting agriculture activities will also increase the likelihood of having ministers and ambassadors from Kazakhstan and the USA come together. The underlying principle here is to increase the production of Kazakhstan's economy and increase trade among world countries.

What's the cause of US curiosity about Kazakh companies?
http://www.dailyuw.com/ask_the_experts/article_68af343a-08fc-11eb-ac9f-1f59c84aaa6b.html United States interests have majorly focused on the manufacturing sector, alongside transportation, logistics, agribusiness and engineering industries. These industries have witnessed massive amounts of direct investment because of the strong and ongoing partnership.

Additionally, both countries are still on the verge of returning key indicators to bring the country's total inflow of investments. They have achieved great cooperation in the sector of energy.

Due to the immense natural resources of Kazakhstan There are significant opportunities to improve relations via the fields of agriculture and renewable energy. This enormous potential implies that the United States continues to look for ways to improve its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The US relations between Kazakhstan and the United States has been in place for over 30 years. Many companies that participate in the Kazakhstan economy have received investments of around 54 billion dollars. The data reveal that more than 600 American firms are operating in Kazakhstan. This means that Kazakhstan has a favorable trade environment.

The strengthening of the solid relationship between Kazakhstan and the United States is a topic to be discussed. https://www.natureworldnews.com/articles/44661/20201102/yerkin-tatishev-kusto-group-deals-covid-19.htm This can lead to new reforms that help improve the working environment for businesses across different areas of Kazakhstan's economy.

It also facilitates collaboration to develop new opportunities for investment and new opportunities. Kusto Group opened 65 Wendy's Restaurants across Kazakhstan, Uzbekistan, Georgia. Kusto Group Kusto Group is anticipating creating 1450 jobs to meet the growing demand for many more Wendy's restaurants.

Daniel Kunin What are the chances for US firms to make investments in Kazakhstan agriculture?

US companies enjoy a substantive opportunity for their products which exports to assist Kazakhstan agriculture. The equipment that the United States exports to Kazakhstan includes sprayers. reapers. seedsers. https://theseeker.ca/2019/10/yerkin-tatishevs-kusto-group-and-dst-explore-a-prospective-joint-venture-to-develop-opportunities-in-kazakhstan-uzbekistan-and-kyrgyzstan/ Tractors. harvesters for grain that are combined. and cultivators.

The increasing demand for modern technology has been an influencing factor for the new opportunities. There has been a rising market for United States' food-related exports including beef, poultry plants, seeds for plantation, and beverages in Kazakhstan.

https://www.vcpost.com/articles/123854/20220629/u-s-and-kazakhstan-s-agribusiness-collaboration.htm USA is a great market because of Kazakhstan's huge imports. This is why the great relationships and strong partnerships can help in the way that USA as well as Kazakhstan participate in agribusiness.

Kusto Group's generosity in times of economic downturn due to Covid-19.
Covid-19 has led to an important change in the economy. Because of strict policies which have thwarted the virus, it has been limited in spreading. This has led to significant reductions in foreign outflows.

Development finance sources also felt the effects of the intense pressures triggered by the pandemic that afflicted vast segments of the economy.

In the wake of fears of investment declines, many industries were forced to close due to the pandemic. The need to combat the disease resulted in a decrease in financing in some economic sectors.

Yerkin Tashev and Kusto Group reacted to their request by taking action. They provided food and medical supplies for people in Kazakhstan and Ukraine. Ernst & Young named Tatishev Entrepreneur of the Year for his act of kindness.

Polishing future strategies can support entrepreneurs and help the country regain its economic power. Additionally, it will be able to leverage bilateral relations between countries.

Accessibility to financing for agribusiness.
Access to financing is essential for promoting agribusiness inclusion and developing entrepreneurial activities. Farmers are empowered when they can access the funds they require at a low cost. This makes it much easier for them to finance their agribusiness ventures.

This helps farmers expand their capital and increase food production and ultimately, this is the objective of ensuring global food security.

Yerkin Tatishev Access to finance is vital to start productive investments and growing the economy of a nation. Public loans can boost and support the growth of the economy at a high scale.

Therefore, developing agribusiness needs the right access to financing to expand operations and generate far-reaching incomes for various individuals. This will ease the burden of engaging in agricultural business in more efficient ways to improve the nation's economy.

Kusto Group's activities in five segments
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates in five areas: agriculture, oil and gas construction materials, real estate and energy. Tatishev believes that Kazakhstan is a great place to be for global leadership in the field of agriculture. According to him, bilateral ties between countries are significant. It allows governments and businesses to harness the potential of other nations and create solid mutual relations. 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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