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Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Tatishev (Kazakh-born founder of the Kusto Group), stated that Kazakhstan has long been considered to be one of the main breadbaskets of the Soviet Union. The agriculture sector in Kazakhstan has played an important role in its economic, social and environmental growth. Since its beginning, Kazakhstan has been able to enhance its agribusiness alliance with the United States. Both the USA as well as Kazakhstan recognized the importance to look at possible and emerging opportunities to improve the agricultural sector.
Kusto Group is committed to developing a modern agricultural sector, taking advantage of the vast land resources of Kazakhstan.
Both the United States of America and Kazakhstan have noted the huge potential to expand their agriculture industry, particularly in the production of crops as well as mechanized irrigation and protein. This substantial effort is designed to build a strong bilateral relation.
Collaboration between the United States and Kazakhstan is in the works.
The USA and Kazakhstan have been building trust with Kazakhstan's agribusiness sector. Financial incentives and incentives from the United States have played a significant part in this.
Both countries have built closer ties as they have intensified their trade and economic integration.
Furthermore, assisting in the development of agriculture is the best chance of seeing ambassadors, ministers and business partners come together with counterparts from both the USA and Kazakhstan. The main goal is to boost the economy of Kazakhstan and increase trade between countries around the globe.
Where does the US curiosity about Kazakh business coming from?
Kusto Group United States interests include agribusinesses as well as transport logistics engineering, manufacturing and transport logistics. Thanks to the robust and ongoing partnership, direct investment in these areas have been steadily increasing to records.
Both countries are poised to revive key indicators that could boost investment flows. Cooperation in the field of energy has brought about a lot of success for the two countries.
The vast resources available in Kazakhstan provide agricultural and renewable energy attractive options for strengthening ties. The United States continues to explore new ways to strengthen its ties with Kazakhstan despite the huge potential.
Kusto Group and US - Kazakhstan diplomatic relations
The US-Kazakh diplomatic relations have been in effect for over 30 years. 54 billion dollars have been invested into companies that support the Kazakhstani economy. According to the statistics more than 600 American companies are operating in Kazakhstan. This indicates that the country has an environment for trade that is favorable.
It is essential to continue expanding the partnership between the United States and Kazakhstan. This allows for new reforms to be implemented that will improve the business environment across all areas of the economy.
https://kzpg.kz/en/ It also helps in developing new possibilities as well as opportunities for investment. Kusto Group opened 65 Wendy's restaurants across Kazakhstan, Uzbekistan or Georgia. Kusto Group has 1450 job potential opportunities for the many Wendy's restaurants which are scheduled to start opening.
What are the opportunities for US firms to capitalize on Kazakhstan agriculture?
The US has a huge market for its products which are exported to Kazakhstan. Equipment exported by the United States includes sprayers. reapers. seedsers. tractors.
The growing need to use advanced technologies is the driving factor behind the recent opportunities. There has been an increasing market for the United States' food-related exports such as beef, poultry as well as seeds for planting and beverages in Kazakhstan.
USA could benefit from the huge imports from Kazakhstan of black tea, cane sugar and poultry meat. The strong relationships and partnerships between the USA and Kazakhstan can assist in enhance the way they conduct agricultural business.
Kusto Group's generous acts in times of economic downturn due to Covid-19.
The emergence of Covid-19 has brought about major difficulties in some countries, and resulted in a decrease of certain areas of the economy. A stringent policy to prevent Covid-19 from spreading has resulted in a significant reduction in the flow of external capital.
The sources of development finance were also impacted by the high-pressure conditions due to the pandemic in large economic sectors.
Because the panic caused many industries to shut down, it had an impact on the domestic flow in incomes. The additional funding was restricted in certain sectors of the economy because of the necessity to fight the virus.
Kusto Group Yerkin Tatishev and Kusto Group responded by taking actions. Daniel Kunin They provided medical and food items to hospitals as well as the people of Ukraine and Kazakhstan. In honor of his acts of philanthropy, Tatishev was awarded the Entrepreneur of the Year by the international professional services network Ernst & Young.
The development of future strategies that are polished can help entrepreneurs and help the country recover its economic power. Also, it will benefit from the bilateral relationships between countries.
Yerkin Tatishev It is essential to improve access to financing in the agribusiness.
The ability to access finance is essential to expand agribusiness and assisting entrepreneurs. Farmers can benefit from having the funds they require at a low rate, which makes it simpler to finance their businesses.
It allows farmers and others to increase their capital investment as also to increase the production of food. The ultimate goal is global food security.
The improvement of access to financing is vital to start productive investments and growing the economy of a nation. Public loans are a great way to encourage and boost economic growth.
To develop agribusiness, it is crucial to have access to financing to allow for expansion of operations that could generate large-scale incomes for many people. This will also help reduce the risk of engaging in Agribusiness to help improve the nation's economy.
Kusto Group's activities span five different sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group has five areas of business: real estate, agriculture oil, natural gas, building materials, and real property. Tatishev believes that Kazakhstan has an excellent opportunity to be a world leader in the field of agriculture. He believes that bilateral relations between nations are important. It allows governments and businesses to tap into the potential of nations, as well as establishing solid relationships. In addition, residents of specific countries benefit from trading with businesses from countries that are friendly to them that will boost the nation's economic growth.
Homepage: https://ipsnews.net/business/2022/03/03/ey-awards-kusto-groups-yerkin-tatishev-entrepreneur-of-the-year/
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