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Kusto Group Us-Kazakh Agribusiness Partnership

Kusto Group's Us-Kazakh Agribusiness Partnership
Yerkin Takishev, a Kazakh born founder and director of Kusto Group, stated that Kazakhstan is long been considered one of the breadbaskets of the Soviet Union. Kazakhstan's socio-economic, environmental and economic growth have been fundamentally shaped by agriculture. Since its beginning, Kazakhstan has been able to improve its agribusiness relationship with the United States. Additionally, both USA and Kazakhstan saw the need to look at possibilities and prospects which could boost the agribusiness industry.

Kusto Group is committed to creating a modern agricultural sector that makes the most of Kazakhstan's rich land resources.

Both the United States of America and Kazakhstan have highlighted the immense potential to increase their agricultural industries, specifically in the field of crop production as well as mechanized irrigation as well as protein. This effort is designed to create a powerful bilateral relation.

The US-Kazakh collaboration is in the works
The USA and Kazakhstan have built solid bilateral relations which has increased confidence in Kazakhstan's capacity to develop its agribusiness sector. Finance and incentives from the United States have played a significant part in this.

The two countries have developed closer ties by intensifying economic integration and trade.

In addition, the assistance of agriculture initiatives provides the chance for ministers, ambassadors, and business partners from Kazakhstan and USA to join forces. This can help improve trade between world countries and increase Kazakhstan's economic output.

What is the reason for US fascination with Kazakh business?
United States interests include agribusiness, transport logistics, engineering, and manufacturing. The active and strong partnership has seen a steady rise in the amount of direct investment in these sectors to record levels.

In addition, the two countries are in the process of restoring key indicators that level up the country's overall investment flow. They have had great success working together in the energy industry.

Daniel Kunin Due to the immense potential of the natural resources in Kazakhstan agricultural as well as renewable energy have huge potential to strengthen ties. This enormous potential implies that the United States continues to look for ways to enhance its relationship with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It has been more than 30years since the US and Kazakhstan signed an official relationship. Different companies that are involved in the Kazakhstan economy have received investments in the region of 54 billion dollars. Based on the given statistics, more than 600 American firms have operations in Kazakhstan, meaning the trade situation in the country is favorable.

One of the main points discussed is the strengthening of the strong partnership between US-Kazakhstan. This allows for fresh reforms to be initiated to improve the business environment in various industries of the 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. Kusto Group To accommodate the numerous forthcoming Wendy's restaurants, Kusto Group anticipates creating 1450 new jobs.

What are the possibilities for US firms to capitalize on Kazakhstan agriculture?

The US has a significant market for its products which are exported to Kazakhstan. The equipment that is exported to Kazakhstan by the United States includes sprayers. reapers. seedsers. Tractors.

The main reason for the growth of new possibilities has been the requirement for advanced technology. The United States has seen a growing market for its food-related exports to Kazakhstan such as cattle, poultry seeds, as well as planting plants.

USA is a great market because of Kazakhstan's huge imports. There is a possibility to improve the relationship between USA and Kazakhstan and also engage in agribusiness.

Kusto Group's generosity during the recession caused by Covid-19's devastating effects.
Since the introduction of Covid-19 the countries have faced enormous challenges leading to a decline in the areas of the economy. Due to the strict measures to combat the virus external outflows have dipped significantly.

The sources of development finance were also affected by the high pressures imposed on important sectors of the economy due to the epidemic.

The domestic flow of incomes was affected by the outbreak. Many industries were shut due to fears of losses to investments. Yerkin Tatishev Additionally, the reduction in funding for certain industries resulted from the necessity to combat the spread of the virus.

Yerkin Tashev and Kusto Group reacted to their call by taking action. They donated food, medical equipment as well as other assistance to the people of Kazakhstan and Ukraine. Ernst & Young, a international professional services firm has awarded Tatishev the Entrepreneurship of the Year award in recognition of his charitable acts.

The country could also benefit from the development of new methods to aid entrepreneurs and restore its economic viability. Also, it can be able to improve bilateral relationships between nations.

It is necessary to increase access to finance for Agribusiness.
Access to financing is critical for boosting participation in agriculture and developing entrepreneurial ventures. Being able to access funds at an affordable price empowers farmers and eases the financing needs of agricultural businesses.

This helps farmers increase their capital, production of food, and eventually ensure food security worldwide.

It is vital to improve access to financing to enable productive investment to be made and the country's economy developed. Public loans can boost and boost economic growth at a high scale.

Thus, agribusiness that is developing requires adequate access to financial resources to scale up operations to create a wide-ranging income for a variety of individuals. This will help in reducing the risk of engaging in agribusiness activities to improve the nation's economy.

Kusto Group's activity in five areas
Yerkin Tatishev established Kusto Group in 2002. The company is active in five segments: agriculture oil and gas, real estate, construction materials and energy. Tatishev believes that Kazakhstan has an excellent opportunity for global leadership in the field of agriculture. According to Tatishev, bilateral relations are essential. They allow governments to benefit from the opportunities offered by others nations and builds trust between nations. It also permits citizens of certain countries to benefit from trade companies from other countries which could help increase their economic growth.

Daniel Kunin https://bmmagazine.co.uk/business/yerkin-tatishev-receives-most-prestigious-ey-business-awards/
Here's my website: https://www.traveldailynews.com/post/yerkin-tatishev-celebrates-the-participation-of-young-musicians-from-kazakhstan-in-the-inaugural-tsinandali-festival