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Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tashev, one of the Kazakh born founder of the Kusto Group said that Kazakhstan was always considered to be one among the breadbaskets under the Soviet Union. Kazakhstan's environmental, socioeconomic and economic growth have been shaped in large part by agriculture. Daniel Kunin Kazakhstan has established strong connections to enhance its agribusiness cooperation with the United States for a long time. USA and Kazakhstan have realized the importance to explore potential and promising opportunities to grow their agricultural sector.
Kusto Group is determined to establish a modern agriculture sector that takes advantage of the vast land resources in Kazakhstan.
Both the United States of America and Kazakhstan have highlighted the immense potential to increase their agricultural industries, specifically in crop production and mechanized irrigation as well as protein. https://theseeker.ca/2019/10/yerkin-tatishevs-kusto-group-and-dst-explore-a-prospective-joint-venture-to-develop-opportunities-in-kazakhstan-uzbekistan-and-kyrgyzstan/ This intense effort is directed towards establishing a positive bilateral relationship.
The possibility of a collaboration between the US and Kazakhstan is on the horizon.
The USA and Kazakhstan have forged strong bilateral relations that has increased confidence in Kazakhstan's capacity to expand its agricultural sector. The United States has played an significant role in financing and incentives.
To strengthen relations between the two countries, it has been a goal to strengthen economic integration as well as trade.
Support for agricultural activities could also be a means to get ambassadors, business associates, and ministers from both the USA and Kazakhstan. This project is designed to improve trade and productivity of the economy in Kazakhstan.
What is the source of US curiosity about Kazakh businesses?
United States interests include agribusiness as well as transport logistics engineering, manufacturing, and transport logistics. http://kustogrouphntt318.jigsy.com/entries/general/ey-awards-kusto-group-s-yerkin-tatishev-entrepreneur-of-the-year- These sectors have seen record-breaking amounts of direct investment due to the solid and active collaboration.
A number of key indicators are being updated by the two countries to help boost the investment flow into the country. The cooperation in the field of energy has born much success between both countries.
A vast array of natural resources found in Kazakhstan creates agriculture and renewable electricity appealing options to improve relations. This vast potential is why the United States continues to look for ways to enhance its relationship with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
More than thirty years have passed since the establishment of the US-Kazakh diplomatic relationship began. About 54 billion dollars has been invested in diverse companies that contribute to the Kazakhstan economy. The data show that more than 600 American firms operate in Kazakhstan. This means that there is a favorable trade environment.
One of the main points discussed is to strengthen the close relationship between the US and Kazakhstan. This will aid in implementing fresh reforms that will improve the business climate across different sectors of the economy.
It also ensures cooperation in the creation of new possibilities and investment opportunities such as Kusto Group's opening of Wendy's restaurants across Kazakhstan, Uzbekistan and Georgia. Kusto Group is anticipating creating 1450 new jobs to satisfy the growing demand for many more Wendy's locations.
What are the US company's options in Kazakhstan agriculture?
US firms can export their goods to Kazakhstan, which is an excellent potential. Daniel Kunin The equipment the United States exported to Kazakhstan included sprayers. reapers. harvesters. Seeders. cultivators.
The increasing demand for advanced technologies is the key factor in the development of new opportunities. There is a huge market in Kazakhstan for American food exports including beef and poultry.
The massive imports of Kazakhstan poultry meat, sugar from cane and black tea give USA an opportunity to profit from. It is possible to build the relationship between USA and Kazakhstan and engage in agribusiness activities.
Kusto Group's generosity during the downturn in the economy caused by Covid-19
Covid-19 is a major threat to countries and led to a fall in certain economic sectors. Strict policy measures to curb the virus have significantly reduced outflows from the external market.
High pressures created by the pandemic in large parts of the economy had a negative impact on the availability of financing to support development.
As a lot of industries shut down because of fear of falling investment, the pandemic caused a ripple effect on income flows in the domestic economy. The virus was also a factor in the decrease of funding for specific sectors.
Yerkin Tashev and Kusto Group reacted to their request by taking action. They donated food, medical equipment as well as other assistance to people in Kazakhstan and Ukraine. Ernst & Young named Tatishev Entrepreneur of the Year for his act of kindness.
The country could also benefit by the creation of new strategies to assist entrepreneurs and revive its economy's viability. It can also strengthen bilateral ties among nations.
There is a need to increase access to financing for Agribusiness.
https://tambourpaints.com/news-room/ Access to financing is critical for boosting participation in agriculture and establishing entrepreneurial ventures. Farmers can be empowered when they have access to funds at a reasonable cost that make it possible to finance their farming business.
This helps farmers expand their capital and production of food, and ultimately guarantee food security throughout the world.
Improving access to finance is vital to start productive investments and developing an economy. Public loans are an excellent way to boost and sustain economic growth.
Yerkin Tatishev To develop agribusiness, it is necessary to be able to finance that allows for the expansion of operations that can provide large-scale earnings for many people. This will also mitigate the difficulties of engaging in agribusiness activities more efficiently, which is crucial to boosting the country's economy.
Kusto Group's activity in five areas
Yerkin Tatishev established Kusto Group in 2002. The company is active in five fields: oil, gas and real estate as well as building materials. Tatishev believes Kazakhstan's potential to lead in agricultural global leadership is tremendous. He considers bilateral ties between countries to be vital. This allows governments to benefit from the advantages offered by other nations and to build strong relationships with each other. Trade with countries that are friendly to them is also possible for the citizens of certain nations. This will help to increase the economic growth of the country.
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