Notes

Kusto Group - Us-Kazakh Agribusiness Partnership
Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born the founder of Kusto Group), stated that Kazakhstan was long thought of as one of the breadbaskets of the Soviet Union. When it comes to the development of Kazakhstan both in terms of its social and economic well-being, agriculture has played a crucial part. Kazakhstan has created strong ties to enhance its agribusiness cooperation with the United States for a long time. Additionally, the USA and Kazakhstan both recognized the need to look into potential opportunities and perspectives that can help boost the agribusiness industries.

Kusto Group aims to develop an efficient agricultural sector in Kazakhstan and take advantage of the country's vast land resources.

Thus, Kazakhstan and the United States have highlighted the enormous potential to scale up the agro-industry, majorly in crop production protein as well as mechanized irrigation. This intensive effort is focused on developing a strong bilateral connection.

Kusto Group The possibility of a collaboration between the US and Kazakhstan is on the horizon.
The USA and Kazakhstan are building trust in Kazakhstan's agribusiness sector. Finance and incentives from the United States have played a key part in this.

To strengthen relationships between these two nations, it has been a priority to deepen the integration of their economies as well as trade.

The most likely scenario for having ambassadors from Kazakhstan as well as the USA and ministers get together will be in assisting agriculture. The fundamental idea is to improve the economic performance of Kazakhstan and increase trade between nations around the world.

What is the reason for US curiosity about Kazakh companies?
United States interests include agribusinesses transportation logistics engineering, manufacturing and transport logistics. These sectors have witnessed record-breaking levels of direct investment because of the robust and active relationship.

Both countries are poised to revive key indicators that will increase the flow of investment. Both countries have experienced great success in their cooperation in the field of energy.

The vast resources available in Kazakhstan make agriculture and renewable energy appealing options for strengthening relations. Yerkin Tatishev These great opportunities offer the United States more opportunities to strengthen its ties with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It's been more than 30years since the US and Kazakhstan established an official relationship. Daniel Kunin About 54 billion dollars have been invested in businesses which contribute to the Kazakhstani economy. According to data, Kazakhstan is home to more than 600 American companies. This implies that Kazakhstan's trade climate is favorable.

It is essential to ensure that the US and Kazakhstan collaborate to strengthen their relationship. This will allow for the introduction of new reforms that can improve the business environments in different parts of the economy.

It will ensure that all employees are actively involved in the creation of new business opportunities and investment opportunities, including Kusto Group's opening a 65-Wendy's restaurant across Kazakhstan as well as Uzbekistan. Kusto Group plans to create 1450 additional jobs due to the new Wendy's restaurants.

What are the US's opportunities to capitalize on Kazakhstan agriculture for their firms?

US firms have a significant potential for their goods that they export to assist Kazakhstan agriculture. Equipment exported by the United States to Kazakhstan includes reapers, sprayers, seeders tractor, grain-combined harvesters and cultivators, among other items.

New opportunities have been created due to the increasing demand for modern technology. The United States has seen a rising market for its food exports to Kazakhstan such as cattle, poultry, seeds and planting plants.

USA has potential opportunities due to the large amount of imports from Kazakhstan of poultry meat, black tea, and sugar cane. Strong partnerships and a strong relationship can boost the US and Kazakhstan engagement in agribusiness.

Kusto Group's generous acts during the economic slump caused by Covid-19.
Covid-19 has presented great challenges to countries and led to the decline of certain sectors of economic activity. Strenuous policy measures to combat the virus have significantly decreased the amount of external outflows.

High pressures created by the pandemic, which affected large areas of the economy, adversely affected financing sources to support development.

The outbreak had a ripple effect on the income flow in the country, as many industries closed down due to fear of a drop in investment. In addition, reduced funding for certain areas of the economy resulted from the necessity to fight the disease.

Yerkin Tashev and Kusto Group reacted to their call by responding with action. They donated medical and food items to hospitals, as well as to the people of Ukraine and Kazakhstan. Ernst & Young, a multinational professional services company, presented Tatishev the Entrepreneurship of the Year award to recognize his acts of charity.

It is possible to improve the future strategies and support entrepreneurs as well as the country in efforts to restore economic stability. Additionally, it can benefit from the bilateral relationships between nations.

Yerkin Tatishev Daniel Kunin The need to increase access to finance for agribusiness.
The availability of finance is vital to encourage agribusiness integration and advancing entrepreneurial ventures. Farmers can be empowered when they can access the funds they require at a low cost. This allows it to be much easier for them to finance their agribusiness ventures.

This allows farmers increase their capital and food output, which is ultimately the aim of ensuring global food security.

Yerkin Tatishev Access to finance is vital for launching productive investments and growing a nation's economy. Public loans can help encourage economic growth.

The development of agribusiness requires access to finance to increase operations and generate high-income. This will also help reduce the chance of engaging in Agribusiness to help improve the country's economies.

Kusto Group's activity in five different sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates in five sectors: agriculture gas, oil real estate, construction, and building materials. Yerkin Tatishev Daniel Kunin Tatishev believes Kazakhstan is a great opportunity to become a world leading agricultural nation. According to him, bilateral relations between the two countries are significant. It allows governments to seize the opportunities provided by other nations and to establish solid relations with each other. Additionally, citizens of certain nations can benefit from trading with businesses from countries that are friendly to them, which will enhance the economy of the country.


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