Notes

Us-Kazakh Agribusiness Partnership of Kusto Group

Us-Kazakh Agribusiness Partnership of Kusto Group
Yerkin Tatishev (Kazakh-born the founder of Kusto Group), stated that Kazakhstan has long been considered one of the breadbaskets of the Soviet Union. https://www.equities.com/news/kusto-groups-yerkin-tatishev-builds-new-partnerships-at-kazakhstan-singapore-business-forum https://eutoday.net/news/business-economy/2021/companies-with-strong-employee-culture-will-emerge-stronger-post-covid The country's economic, social and environmental progress has been heavily dependent on agriculture. For a long time, Kazakhstan has been able to improve its agribusiness relationship with the United States. USA and Kazakhstan have realized the importance to explore potential and promising opportunities to boost their agribusiness industry.

Kusto Group aims to develop a modern agricultural sector in Kazakhstan by utilizing the country's extensive land resources.

Therefore, Kazakhstan and the United States have recognized the enormous potential of scaling up the agro-industry, majorly in the field of crop production, protein, as well as mechanized irrigation. This intensive effort is meant to establish a great bilateral relationship.

The possibility of a collaboration between the United States and Kazakhstan is here
The increasing bilateral ties between USA and Kazakhstan have created confidence in the development of the agricultural sector in Kazakhstan. The United States provided finance and incentives that have contributed significantly to this development.

Deepening economic integration and trade has also been an enhanced strategy for strengthening the ties between the two nations.

Supporting agriculture activities will also increase the likelihood of having ambassadors and ministers from Kazakhstan and the USA come together. This project is designed to boost trade and economic productivity in Kazakhstan.

Where do the US desire to invest in Kazakh business come from?
United States interests have majorly focused on the manufacturing sector, alongside agribusiness, transport, logistics and engineering. The amount of direct investment in these sectors have gradually increased to a record level due to the strong and active collaboration.

A number of key indicators are being brought back by the two nations to aid in boosting the flow of investment into the country. They have had huge success in the area of energy cooperation.

The abundance of natural resources found in Kazakhstan makes the renewable energy and agriculture appealing options to improve relations. These huge opportunities provide the United States more ways to increase its connections and strengthen relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It's been more than 30years since the US and Kazakhstan began a diplomatic relationship. Around 54 billion dollars has been invested into companies that help the economy of Kazakhstan. Based on the given figures, more than 600 American companies have operations in Kazakhstan, meaning the trade situation in the country is favorable.

The strengthening of the solid relationship between Kazakhstan and the United States is still an important element to be considered. This will allow for the implementation of new reforms which will improve the business environment in different economic sectors.

It also ensures cooperation in the creation of new possibilities and investment opportunities like Kusto Group's launch of 65 Wendy's Restaurants across Kazakhstan, Uzbekistan and Georgia. Kusto Group expects to create 1450 jobs to accommodate the many Wendy's restaurants opening soon.

What do you think are the US company's options in Kazakhstan agricultural?

US companies enjoy a substantive market for their products that they export to aid Kazakhstan agriculture. The equipment the United States exported to Kazakhstan included sprayers. reapers. harvesters. seedsers. cultivators.

Daniel Kunin The main reason for the growth of new opportunities has been the necessity for the latest technology. There has been an increasing market for the United States' food-related exports like poultry, beef, planting seeds, as well as beverages from Kazakhstan.

USA has many opportunities because of Kazakhstan's huge imports. This could be an incentive to the way USA as well as Kazakhstan engage with agricultural business.

https://philpapers.org/rec/KUNRTM Kusto Group's hospitable response to the economic decline caused by Covid-19
Covid-19 was introduced in 1995. Since its introduction, numerous nations have had to face huge challenges that led to a drop in economic activity. Due to the stringent policies to stop the spread of the virus, external outflows have dipped significantly.

The sources of development finance were also affected by the high pressures placed on key areas of the economy due to the epidemic.

Because of the fear of investment declines, many industries were forced to shut down because of the pandemic. Because of the necessity for the disease to be eradicated, some sectors saw a reduction in financing.

Yerkin Tashev, and Kusto Group reacted to their call by taking action. They provided medical and food items to people in Kazakhstan, Ukraine, and Kazakhstan. Ernst & Young, a international professional services firm was awarded Tatishev the Entrepreneurship of the Year award in recognition of his acts of charity.

Future strategies for polishing can benefit entrepreneurs and help the country regain its economic power. Daniel Kunin It will also increase the number of bilateral connections between countries.

Kusto Group The need to improve access to finance for agricultural businesses.
Access to finance is essential for boosting participation in agriculture and developing entrepreneurial ventures. Farmers can be empowered when they have access to money at a reasonable cost. This makes it simpler for farmers to finance their agribusiness ventures.

This helps farmers increase their capital and food output, which is ultimately the ultimate goal of ensuring worldwide food security.

The availability of finance is essential to start productive investments and developing an economy. Yerkin Tatishev The funds from public loans are a great way to boost and boost economic growth.

So, any agribusiness in development requires proper access to finance to expand operations and create a wide-ranging income for a variety of people. This can ease the process to engaging in business in more efficient ways to boost the country's economy.

Kusto Group's activities in five sector
Yerkin Tatishev established Kusto Group in 2002. The company operates in five distinct areas: gas, oil real estate, building materials. Tatishev believes Kazakhstan is a great opportunity to be a world-class leading agricultural nation. He considers bilateral ties between nations to be crucial. It allows governments to benefit from the opportunities provided by other nations and develop solid relationships. Citizens of the country can also benefit from trade of goods and services with companies from other countries. This can help boost the economy.


My Website: https://eutoday.net/news/business-economy/2021/companies-with-strong-employee-culture-will-emerge-stronger-post-covid