Notes

Kusto Group's Us Kazakhstan Agribusiness Partnership

Kusto Group's Us-Kazakh Partnership for Agribusiness
Yerkin Tashev, a Kazakh born Kusto Group founder said that Kazakhstan was for a long time believed to be one of the breadbaskets within the Soviet Union. Agriculture has played a fundamental role in the country's social, environmental and economic development. Kazakhstan has created strong ties to bolster its agribusiness collaboration with the United States for a long time. Kusto Group Furthermore both USA and Kazakhstan saw the need to look at the possibilities and opportunities to boost the agribusiness industry.

Kusto Group is determined to develop a modern agricultural sector that takes advantage of the vast land resources in Kazakhstan.

Both the United States of America and Kazakhstan have emphasized the enormous potential to increase their agriculture industry, particularly in the production of crops as well as mechanized irrigation as well as protein. This intensive effort is focused on building a positive bilateral relationship.

US-Kazakh collaboration on the horizon
The USA and Kazakhstan have developed strong bilateral relations that has raised confidence in Kazakhstan's capability to develop its agribusiness sector. Finance and incentives from the United States have played a key part in this.

The two countries have forged closer ties through intensifying their trade and economic integration.

Furthermore, assisting in the development of agriculture is the real prospect of having ambassadors ministers, business associates, and ambassadors come together from the USA and Kazakhstan. The objective is to boost Kazakhstan's production capacity and increase trade relations among the world's nations.

Where does the US interest Kazakh business coming from?
United States interests include agribusiness, transport logistics engineering, manufacturing, and transport logistics. These industries have experienced record-breaking amounts of direct investment because of the robust and active collaboration.

Yerkin Tatishev Certain indicators are being brought back by the two nations to boost the country's investment inflow. https://philpapers.org/rec/KUNRTM The partnership in the energy sector has brought about a lot of success for the two countries.

Renewable energy and agriculture offer huge opportunities for improving relations with Kazakhstan, due to the huge natural resources in Kazakhstan. Kusto Group Given this enormous potential, the United States is looking for new opportunities to improve the ties it has with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
US - Kazakhstan diplomatic relationship has been ongoing for more than 30 years. A total of 54 billion dollars have been invested in companies which support Kazakhstan's economy. According to the figures, more than 600 American companies have operations in Kazakhstan, meaning the trade situation in the country is favorable.

The strengthening of the strong relationship between Kazakhstan and the United States is a topic to be discussed. This helps initiate new reforms that help improve the business environment across various sectors of the economy.

It also facilitates collaboration in the development of new opportunities and investment opportunities such as Kusto Group's opening of Wendy's Restaurants across Kazakhstan, Uzbekistan and Georgia. Kusto Group has 1450 job opportunities in mind for the numerous Wendy's restaurants which are scheduled to start opening.

What are the opportunities for American-owned companies in Kazakhstan agriculture?

US companies have an opportunity to export their products to Kazakhstan. Equipment exported by the United States to Kazakhstan includes reapers, sprayers, seeders tractor, grain-combined harvesters and cultivators, among other items.

The new opportunities are a result of the growing demand for modern technology. The United States has seen a rising market for its food exports to Kazakhstan, including cattle, poultry, seeds and planting plants.

USA is a great place to explore business opportunities due to Kazakhstan's vast imports, including cane sugar, poultry meat and black tea. This is why the great relationship and strong partnerships can help in the way that USA as well as Kazakhstan participate in agribusiness.

Kusto Group's kind actions during the recession caused by Covid-19's actions during the economic downturn.
Since the emergence of Covid-19 the countries' have seen tremendous difficulties that have led to a decrease in the sectors of the economy. https://biz.crast.net/yerkin-tatishev-awarded-entrepreneur-of-the-year-by-ey-ceoworld-magazine/ Due to the stringent policies to stop the spread of the virus, the flow of foreign capital has decreased dramatically.

The sources of development finance have also suffered from the high tensions brought on by the pandemic that afflicted large sectors of the country's economy.

Since most industries were shut down because of fear of falling investments, the pandemic had an impact on income flows in the domestic economy. Because of the need for the disease to be eliminated, some sectors saw reduced funding.

Yerkin Tatishev and Kusto Group responded by taking actions. They provided food, medical supplies and other supplies to the people of Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneurship Award for his generosity to charity.

This will assist the country's entrepreneurs and its economy recover. This will also strengthen the bilateral relations between nations.

The need for better access to finance for agricultural business.
The availability of financing is crucial for increasing agribusiness participation and developing entrepreneurial ventures. Being able to access money at a reasonable cost empowers farmers and eases the financing activities of Agribusiness.

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

In order to develop a country's economy and make productive investments it is crucial to increase access finance. Public loans are an excellent option to help sustain and increase economic growth.

If you want to start an agricultural business, you have to have the right access to finance in order to scale up operations and earn high-quality earnings for different people. This makes it much easier to engage in agribusiness activities with a focus that is more profitable for the country's overall economy.

Kusto Group's activities within five segments
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates in five areas: agriculture, oil and gas, real estate, construction materials and energy. Tatishev believes Kazakhstan's potential to lead in agricultural global leadership is huge. He believes that bilateral relationships between countries are crucial. It allows governments to profit from opportunities offered by other nations and build solid relationships. In addition, residents of certain countries can profit from trade with companies from other countries who are friendly, which will enhance the nation's economic growth.


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