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Kusto Group Us-Kazakh Agribusiness Partnership
Kazakhs born Kusto Group founder, Yerkin Tatishev, said that Kazakhstan has long been considered one of the breadbaskets of the Soviet Union. The country's economic, social and environmental development has been largely influenced by agriculture. Kazakhstan has long had close ties with the United States in order to enhance its cooperation in agribusiness. USA and Kazakhstan recognized the necessity of exploring potential and promising opportunities to grow their agricultural sector.
Kusto Group is committed in developing an agricultural sector that is modern, using Kazakhstan's rich land resources.
Thus, Kazakhstan and the United States have highlighted the tremendous potential to scale up the agricultural industry, primarily in the field of crop production, protein, and mechanized irrigation. This intensive effort is meant to establish a great bilateral connection.
US-Kazakh collaboration at the horizon
The USA and Kazakhstan have developed solid bilateral relations which has increased confidence in Kazakhstan's capacity to grow its agribusiness industry. Yerkin Tatishev Incentives and finance from the United States have played a important role in this.
Both countries have developed closer ties as they have intensified their trade and economic integration.
The support for agriculture will increase the chance of having ministers and ambassadors from Kazakhstan and the USA meet. The objective is to boost Kazakhstan's production capacity and increase trade relations between the two countries.
Where did the US interest originate from in Kazakh business?
United States interests have primarily focused on the manufacturing sector in addition to agribusinesses and transport logistics, and engineering. Because of the robust and active collaboration, these industries have seen record numbers of direct investment.
The countries are also on the brink of returning key indicators to boost the country's total investment flow. Both countries have enjoyed tremendous success in cooperation in the field of energy.
A vast array of natural resources found in Kazakhstan creates agriculture and renewable electricity attractive options for improving ties. https://www.researchgate.net/scientific-contributions/Daniel-Kunin-33756799 With this huge potential, the United States is still exploring possibilities to strengthen its interests as it improves relations with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
The US relations between Kazakhstan and the United States has been ongoing for over 30 years. Numerous companies involved in the Kazakhstan economy have received investments that amount to 54 billion dollars. Based on the given statistics, more than 600 American firms operate in Kazakhstan, meaning the trade situation in the country 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 to improve the business environment across different areas of Kazakhstan's economy.
It helps create new opportunities for investment and potential, such as Kusto Group's opening of 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. Kusto Group is anticipating creating 1450 new jobs to meet the need for future Wendy's locations.
What are the opportunities for American companies in Kazakhstan agriculture for their firms?
US businesses can export their products to Kazakhstan and this is a huge opportunity. The equipment that the United States exported to Kazakhstan included sprayers. reapers. harvesters. seedsers. cultivators.
Daniel Kunin Kusto Group The key factor behind the expansion of new opportunities has been the need for modern technology. The United States has seen a growing market for its food-related exports to Kazakhstan such as beef, poultry seeds, and plant materials.
USA offers many opportunities as a result of Kazakhstan's huge imports. Therefore, the strong relations and solid partnerships could help in the way that USA and Kazakhstan engage in agribusiness activities.
Kusto Group's kindness during the downturn in the economy caused by Covid-19
Since the emergence of Covid-19 nations have faced enormous challenges leading to a decline in various areas of the economy. An aggressive strategy to stop the spread of the virus has resulted in a dramatic decline in outflows from external sources.
The sources of development finance were also affected by the high pressures imposed on important sectors of the economy due to the epidemic.
The pandemic created an effect that rippled through income flows in the United States because many industries had jobs closed due to fear of a decrease in investment. Daniel Kunin The virus also played a role in the decrease of the amount of financing available for certain industries.
https://techplanet.today/post/kusto-groups-communities-are-designed-to-offer-quality-of-life Yerkin Tashev and Kusto Group reacted by taking actions. They also gave medical supplies and food items to patients across Kazakhstan and Ukraine. Ernst & Young, a multinational company that provides professional services, gave Tatishev the Entrepreneurship of the Year award in recognition of his charity work.
The country could also benefit from the development of future approaches to help entrepreneurs and regain its economic viability. It will also leverage the bilateral relationships between nations.
Accessibility to finance to agribusiness.
Accessing finance is vital to expand agribusiness and encourage the development of entrepreneurial. Yerkin Tatishev Farmers are empowered by having access to funds at an affordable price. This makes it easier for farmers to finance their agribusiness ventures.
This allows farmers to increase their capital and food output which ultimately is the ultimate goal of ensuring worldwide food security.
A country's ability to get finance is vital for its economy development and first productive investment. Public loans can stimulate and help boost the growth of the economy at a high scale.
To develop agribusiness, it is crucial to be able to access financing that allows for the expansion of operations that can provide large-scale earnings for many people. This will ease the burden of engaging in commercial activities in more efficient ways to improve the nation's economy.
Kusto Group's business activities across five different sectors
Yerkin Tatishev established Kusto Group in 2002. https://books.google.com/books/about/Religion.html?id=MfxrJwDTh1QC It operates in five different areas: gas, oil real estate, building materials. Tatishev believes that Kazakhstan's ability to lead in agricultural global leadership is huge. According to Tatishev bilateral relations are essential. This allows governments to profit from opportunities offered by other nations and develop strong relationships with each other. https://bdaily.co.uk/articles/2018/10/22/forbes-kazakhstan-on-yerkin-tatishevs-diamond-island-project It also permits citizens of certain countries to benefit from trade companies from countries that are friends that can boost their economy.
Website: https://bdaily.co.uk/articles/2018/10/22/forbes-kazakhstan-on-yerkin-tatishevs-diamond-island-project
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