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Kusto Group: Us-Kazakh Agribusiness Partnership

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Takishev, a Kazakh born founder and director of Kusto Group, stated that Kazakhstan is long been considered one the breadbaskets for the Soviet Union. Kazakhstan's socio-economic, environmental and economic development have been greatly influenced by agriculture. Kazakhstan has maintained close relations with America to help boost the agribusiness cooperation. Additionally, both USA and Kazakhstan realized the need to explore the possibilities and opportunities which could boost the agribusiness industry.

Kusto Group is committed to the development of a modern agricultural industry, taking advantage of Kazakhstan's vast resources for land.

The United States and Kazakhstan have recognized the immense potential for scaling up the Agro-industry, particularly in the production of crops as well as mechanized irrigation. This intense effort is aimed at creating an excellent bilateral relations.

A partnership between the US and Kazakhstan is on the horizon
The USA and Kazakhstan have been building trust in their agribusiness sector. Finance and incentives from the United States have played a important part in this.

Deepening economic integration and trade is also a reformulated strategy for strengthening the ties between the two countries.

Additionally, the support of agriculture initiatives provides the chance for ambassadors, ministers and business partners from Kazakhstan and USA to come together. This is a way to enhance trade between countries around the world and boost Kazakhstan's economic output.

What is the source of US interest in Kazakh businesses?
United States interests include agribusiness, transport logistics, engineering, and manufacturing. These industries have experienced record-breaking levels of direct investment because of the robust and active collaboration.

They are also on the verge of restoring key indicators which can help boost the country's total inflow of investment. https://medium.com/@danielkuninkustogroupauxu908/yerkin-tatishev-of-kusto-group-on-kazakhstans-urgent-water-stress-challenges-43b8a3309022 https://www.sciencetimes.com/articles/24856/20200205/kusto-group-s-yerkin-tatishev-daniel-kunin-supporting-kazakhstan-agricultural.htm They have shared huge success in the area of cooperation in the field of energy.

Renewable energy and agriculture offer huge opportunities for improving relations due to the vast natural resources in Kazakhstan. 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 diplomatic relationship between the US and Kazakhstan has been in place for more than 30 years to develop. Different companies that are involved in the Kazakhstan economy have received investment of around 54 billion dollars. According to data, Kazakhstan has more than 600 American companies this indicates that the trade climate in Kazakhstan is favorable.

The most important aspect of discussions is the enhancement of the close relationship between the US and Kazakhstan. This will help in implementing new reforms that help improve the business environment in different sectors of Kazakhstan's economy.

It also helps to develop new investment opportunities and prospects. Kusto Group opened 65 Wendy's restaurants in Kazakhstan, Uzbekistan, Georgia. Kusto Group expects to create 1450 new jobs as a result of the numerous Wendy's restaurants opening soon.

What are the US's opportunities in Kazakhstan agriculture for their companies?

The US has a large market for its goods that are sold to Kazakhstan. The equipment exported by United States to Kazakhstan includes sprayers, reapers, seeders tractor, grain-combined harvesters and cultivators, in addition to others.

The main reason for the expansion of new opportunities is the necessity for the latest technology. There is a rising demand for food-related items from the United States such as poultry cattle, seedlings, beef and drinks in Kazakhstan.

The massive imports of Kazakhstan poultry meat, sugar cane, and black tea offer USA room for potential opportunities. Strong partnerships and a positive relationship can boost the US and Kazakhstan involvement in agricultural activities.

Kusto Group's kind actions in the aftermath of the economic downturn caused by Covid-19's actions during the economic downturn.
Daniel Kunin Since the introduction of Covid-19 nations faced a number of challenges leading to a decline in certain areas of the economy. https://www.dailyadvent.com/news/d2ccbdab9efd891a0c3b7545cf832f60-Yerkin-Tatishev-How-Kusto-Group-deals-with-COVID19 External outflows have reduced significantly because of strict policy measures introduced to cap the spread of the virus.

High pressures indicted by the pandemic on significant segments of the economy also affected the sources for development finance.

The pandemic created an impact on income flows in the United States because many industries had jobs shut down due to fears of a drop in investment. Due to the need for the disease to be eradicated certain sectors experienced a reduction in financing.

Yerkin Tashev and Kusto Group reacted by taking action. They also donated medical supplies and food to patients in Kazakhstan and Ukraine. Ernst & Young, a multinational company that provides professional services, awarded Tatishev the Entrepreneurship of the Year award in recognition of his acts of charity.

Future strategies for polishing can benefit entrepreneurs and aid the country to regain its economic power. Additionally, it will be able to improve bilateral relationships between nations.

Kusto Group It is important to improve access to finance for Agribusiness.
Finance access is vital to expanding the reach of agribusiness and also promoting entrepreneurial ventures. Farmers are empowered and their financing made simpler through the availability of funds at a cost-effective rate.

This allows farmers and others to boost their capital as in addition to the production of food. The ultimate goal is global food security.

To develop a country's economy and make productive investments it is crucial to increase access finance. The public loan funds can be utilized to help and boost economic growth.

Therefore, developing agribusiness needs adequate access to financial resources to expand operations and create a wide-ranging income for a variety of people. This will help ease the challenges of participating in agribusiness in better ways that are essential in uplifting the country's economy.

Kusto Group's activities in five sectors
Yerkin Tatishev established Kusto Group in 2002. The company has five business segments that include real estate, agriculture oil, natural gas building materials, real estate. Tatishev believes that Kazakhstan has an excellent opportunity to be a world leader in agriculture. According to him, bilateral relations between the two countries are significant. https://euroweeklynews.com/2021/08/03/kusto-group-to-open-65-wendys-restaurants-across-kazakhstan-uzbekistan-and-georgia/ They allow governments to benefit from the opportunities provided by other nations and helps build trust. Trade with countries that are friendly to them is also possible for the citizens of specific nations. This helps to increase the economic growth of the country.


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