Notes

Us-Kazakh Agribusiness Partnership with Kusto Group

Kusto Group's Us-Kazakh Partnership for Agribusiness
Yerkin Tashev, the Kazakh born founder of the Kusto Group said that Kazakhstan has always been considered one among the breadbaskets under the Soviet Union. The country's economic, social and environmental development has been largely dependent on agriculture. For a long time, Kazakhstan has been able to enhance its agribusiness alliance with the United States. USA and Kazakhstan recognized the necessity to explore potential and promising opportunities to grow their agricultural industry.

Kusto Group aims to develop a modern agricultural sector in Kazakhstan by utilizing the vast land resources of Kazakhstan.

The United States and Kazakhstan have recognized the immense potential for scaling up the Agro-industry, mainly in crop production as well as mechanized irrigation. This is an intense effort to create a strong bilateral relationship.

A possible collaboration between the United States and Kazakhstan
The USA and Kazakhstan have built trust with the agribusiness sector in Kazakhstan. http://sorucevap.netyuvam.com/user/kusto+groupcdlj970 The United States has played an significant role in the financing and incentive.

To improve relations between the two countries, it has been a top priority to improve the integration of their economies as well as trade.

In addition, supporting agriculture-related activities can boost the chances of having ambassadors and ministers from Kazakhstan and the USA meet. Kusto Group This project is designed to boost the efficiency of trade and economic growth in Kazakhstan.

Yerkin Tatishev Where do the US interest in Kazakh business originate?
United States interests are mainly in the logistics and manufacturing sectors, along with transportation, agribusiness and engineering. These industries have witnessed record volumes of direct investments due to the solid and active partnership.

Both countries are on the verge to restore important indicators that can boost investment flows. They have achieved great cooperation in the energy sector.

The vast variety of natural resources in Kazakhstan is what makes agricultural and renewable electricity attractive options for strengthening ties. This vast potential is why the United States continues to look for ways to improve its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It has been more than 30years since the US and Kazakhstan established a diplomatic relationship. Numerous companies involved in the Kazakhstan economy have received investments that amount to 54 billion dollars. Based on these numbers there are more than 600 American companies operate within Kazakhstan. This indicates that the business climate in the country has been favorable.

The strengthening of the solid relationship between Kazakhstan and the United States remains a key element to be discussed. Kusto Group This provides the opportunity to start new reforms that can enhance the business environment in different sectors of the economy.

It also permits collaboration in the development of new investment opportunities and new business models for example, the opening of 65 Wendy's locations across Kazakhstan. Uzkistan and Georgia. Kusto Group has 1450 job possibilities in mind for the many Wendy's restaurants that will soon be open.

What are the potential opportunities for the US businesses in Kazakhstan agriculture?

US firms have the chance to export their goods to Kazakhstan. Equipment that is exported from the United States to Kazakhstan include sprayers, reapers seeders, harvesters tractor grain combine harvesters, grain combine harvesters and cultivators.

The growing need to use modern technologies has been the driving factor behind the new opportunities. The United States has seen a increasing demand for its food-related exports to Kazakhstan, including cattle, poultry seeds, and plant materials.

The huge imports from Kazakhstan chicken meat, sugar cane, and black tea offer USA the chance to capitalize on opportunities. This can be an opportunity to improve the way USA as well as Kazakhstan engage with agribusiness activities.

Kusto Group's generosity in the downturn in the economy caused by Covid-19
Covid-19 is a major threat to countries and led to an increase in certain economic sectors. A strict policy to stop Covid-19 from spreading has led to a substantial decline in outflows from external sources.

The financial sources that finance development were affected by the severe pressures placed on key areas of the economy due to the epidemic.

The effects of the epidemic on income flows was felt in a variety of ways. Many industries closed down because of the fears of losing investment. Because of the necessity for the virus to be eliminated certain industries saw an increase in funding.

Yerkin Tashev and Kusto Group reacted with action. They also donated medical supplies and food items to patients across Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneurship Award in recognition his philanthropic efforts.

Yerkin Tatishev Thus, improving the next strategies will support entrepreneurs and the country in restoring its economic strength. This will also strengthen the number of bilateral connections between countries.

Accessibility to finance to agribusiness.
Access to finance is essential for boosting participation in agriculture and the development of entrepreneurial ventures. Farmers can be empowered when they have access to low-cost funds which allow them to finance their agricultural business.

This permits farmers and other people to increase their capital as also to increase the production of food. The goal is global food security.

It is vital to improve access to finance to enable productive investments to be made and the country's economy to develop. Public loans can spur and boost the growth of the economy at a high scale.

The development of agribusiness requires access financial capital to grow operations and earn high-income. This will make it easier to be involved in agribusiness in ways that are more profitable for the country's overall economy.

Kusto Group's business activities are spread across five sectors
Yerkin Tatishev established Kusto Group in 2002. The company operates in five areas: agriculture, oil and gas construction materials, real estate and also energy. Tatishev believes Kazakhstan's potential to be a leader in global agricultural leadership is huge. According to Tatishev bilateral ties are vital. It allows governments to seize the opportunities presented by other countries and build solid mutual relationships. Additionally, citizens of certain nations can profit from trade with companies from friendly nations which can boost the country's economy.


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