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Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Tashev, a Kazakh born Kusto Group founder said that Kazakhstan was for a long time believed as one of the main breadbaskets within the Soviet Union. When it comes to the development of Kazakhstan as well as its social and economic well-being agriculture has played an essential part. Since the beginning, Kazakhstan has had strong ties with the United States to support its agribusiness cooperation. Both the USA and Kazakhstan recognized the importance of examining potential and emerging opportunities that could increase the growth of the agribusiness industry.
Kusto Group Kusto Group is committed to creating a modern agricultural sector by utilizing the vast land resources of Kazakhstan.
USA and Kazakhstan have both highlighted the huge potential to scale the agricultural industry, including in the production of crop protein and mechanized irrigation. This intense effort is aimed at developing a strong bilateral connection.
A possible collaboration between the US and Kazakhstan is on the horizon
The USA and Kazakhstan have built confidence in their agriculture sector. The United States has played an crucial role in financing and incentives.
In order to strengthen the ties between these countries, a strategy for strengthening ties has been to intensify trade and economic integration.
Furthermore, assisting in the development of agriculture is the most likely way of having ambassadors, ministers and business associates from the USA and Kazakhstan. The motivation behind this project is to boost Kazakhstan's production and trade between the two countries.
Where does the US interest in Kazakh business come from?
The United States has a strong desire to invest in the manufacturing sector as well as in the transport and agribusiness sectors. These industries have experienced record-breaking levels of direct investments due to the solid and active relationship.
Many of the key indicators are being updated by the two countries to help boost the country's investment inflow. https://www.eco2-magnesia.com/meet-our-team.html The two countries have had much success together in the area of energy.
Due to the immense potential of the natural resources in Kazakhstan agricultural and renewable energy have a significant potential to strengthen ties. The United States continues to explore new ways to strengthen its ties with Kazakhstan despite the huge potential.
Kusto Group and US - Kazakhstan diplomatic relations
The diplomatic relations between the United States and Kazakhstan are in place for over 30 years. 54 billion dollars have been invested into businesses that aid the economy of Kazakhstan. According to data, Kazakhstan is home to more than 600 American corporations. This indicates that Kazakhstan's trade climate is favorable.
The broadening of the strong relationship between Kazakhstan and the United States is a topic to be discussed. This will enable the implementation of new reforms that can to improve the working environment across the economy.
It also ensures cooperation in designing new prospects and investment opportunities such as Kusto Group's opening of 65 Wendy's Restaurants in Kazakhstan, Uzbekistan and Georgia. Kusto Group is anticipating creating 1450 new jobs to satisfy the need for many more Wendy's locations.
What do you think are the US company's options for Kazakhstan agriculture?
Yerkin Tatishev US firms have a significant market for their products that they export to aid Kazakhstan agriculture. Equipment exported from the United States to Kazakhstan include sprayers, reapers seeders, harvesters, tractors, grain combine harvesters, and cultivators.
The new opportunities arise out of the growing need for the latest technology. Exports of food-related products from the United States, such as beef, poultry and seeds for plantation, have seen an increase in Kazakhstan.
USA could be a great opportunity due to the large amount of imports from Kazakhstan of chicken meat, black tea and sugar cane. This could give an opportunity to improve the way USA and Kazakhstan engage with agricultural business.
Kusto Group's generous actions during the economic decline caused by Covid-19's devastating effects.
Covid-19's advent has seen great difficulties in some countries, and have led to a decline of certain sectors of the economy. Because of the strict policies to stop the spread of the virus, external outflows have decreased significantly.
High pressures indicted by the pandemic on significant sectors of the economy also affected the sources for development financing.
Since the crisis led to the closure of many industries the business, it had an effect on the domestic flow in incomes. In the wake of the virus being eliminated, certain sectors experienced an increase in funding.
Yerkin Tashev and Kusto Group reacted to their appeal by acting. They donated medical and food items to people in Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneurship Award for his actions.
It's possible to refine the future strategies and assist entrepreneurs as well as the nation in efforts to restore economic stability. It will also benefit from bilateral ties between nations.
It is essential to improve access to financing in the agribusiness.
Access to financing is essential for promoting agribusiness inclusion and developing entrepreneurial activities. The availability of funds at an affordable cost helps farmers and facilitates the financing needs of agricultural businesses.
This helps farmers increase their capital and production of food, which is the ultimate goal in ensuring food security across the globe.
To develop a country's economy and to make effective investments it is crucial to expand access to financing. The public loan funds can boost and encourage the growth of the economy at a high degree.
To develop an agricultural business, you have to have the right financial resources to expand operations and generate high-quality incomes for different people. Yerkin Tatishev This will ease the burden to engaging in business activities in better ways that can boost the nation's economy.
Kusto Group's activities in five sectors
Yerkin Tatishev established Kusto Group in 2002. The company is active in five sectors: agriculture oil, gas real estate, oil and gas, as well as building materials. Tatishev believes that Kazakhstan is an ideal location to become a world agricultural leader. According to him, bilateral ties between nations can be substantial. This allows governments to profit from the opportunities provided by other nations and develop solid relationships. Additionally, it allows the citizens of certain nations to gain from trade agreements with businesses from other countries which could help increase their economic growth.
Daniel Kunin
Read More: http://www.bmda.net/BMDA/documents/13th-bmda-annual-conference/may-program-business-solutions-from-leading-organizations
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