Notes

Us-Kazakh Agribusiness Partnership with Kusto Group
Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born founder of Kusto Group), stated that Kazakhstan was long thought of as one of the breadbaskets of the Soviet Union. Kazakhstan's environmental, socioeconomic, and economic growth have been fundamentally shaped by agriculture. Kazakhstan has maintained strong connections with America , which has helped to increase its collaboration in agribusiness. Furthermore, the USA and Kazakhstan both recognized the need to explore potential opportunities and perspectives that could help increase the growth of the agribusiness industry.

Kusto Group is committed in developing a modern agriculture industry that utilizes the vast land resources of Kazakhstan.

Thus, Kazakhstan and the United States have emphasized the huge potential to scale up the agriculture industry, particularly in crop production protein and mechanized irrigation. This is a huge attempt to build a stronger bilateral connection.

A cooperation between the United States and Kazakhstan is on the horizon
In Kazakhstan the growing bilateral ties have created confidence in the growth of the agribusiness sector. The incentives as well as the financial support by the United States played a crucial part.

To improve relationships between these two countries, it has been a priority to deepen economic integration as well as trade.

The only way to ensure that ambassadors from Kazakhstan and the USA and ministers get together is to support agriculture-related activities. The underlying principle here is to boost Kazakhstan's production capacity and enhance trade among world countries.

What was the source of US fascination come from? https://daniel-kunin.com/ Kazakh business?
United States interests are primarily in the manufacturing and logistics sectors, as well as transportation, logistics, agribusiness, and engineering industries. These industries have seen huge amounts of direct investments due to the partnership's active and solid backing.

In addition, the two countries are still in the process of restoring key indicators that increase the overall investment flow. Both countries have had great success in their cooperation in the energy sector.

Renewable energy and agriculture present an opportunity to improve relations due to the vast potential of the natural resources in Kazakhstan. https://www.natureworldnews.com/articles/44661/20201102/yerkin-tatishev-kusto-group-deals-covid-19.htm With such a huge potential it is no wonder that 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 diplomatic relations between the US and Kazakhstan have been in effect for over 30 years. The sum of 54 billion dollars was invested by corporations working for Kazakhstan's economy. Based on the given statistics, more than 600 American companies operate in Kazakhstan which means that the trading environment in the country is favorable.

It is vital to ensure that the US and Kazakhstan work together to strengthen their close relationship. This will allow for new reforms to improve the business climate in different areas of the economy.

It also allows for cooperation in the creation of new opportunities and investment options like the openings by the Kusto Group of 65 Wendy's restaurants throughout Kazakhstan. Uzkistan and Georgia. Kusto Group plans to create 1450 more jobs as a result of the many new Wendy's restaurants.

What are the opportunities for the US companies to capitalize on Kazakhstan agriculture?

US firms have a significant potential for their goods that exports to help Kazakhstan agriculture. The equipment that USA exports to Kazakhstan is made up of sprayers.

The new opportunities are a result of the increasing demand for advanced technology. There is a rising market in Kazakhstan for American exports of food like beef and poultry.

USA has many opportunities because of Kazakhstan's large imports. There is a possibility to strengthen the connection between USA and Kazakhstan and take part in agribusiness.

Kusto Group's generous actions during economic decline caused by Covid-19.
Yerkin Tatishev Covid-19 was released in 1995. Since then numerous countries have been confronted with enormous challenges that led to the decline in economic activity. The level of external outflows was significantly reduced due to the strict policy measures introduced to stop the spread of the virus.

Sources of development finance also felt the effects of the intense tensions brought on by the pandemic that struck vast segments of the economy.

https://www.kimep.kz/kz/blog/2021/04/19/global-leadership-forum-crisis-management-lessons-business-after-pandemic-kazakhstan-reality-by-yerkin-tatishev/ The outbreak had an impact on the domestic flow of incomes since jobs most industries were closed because of fears of a decrease in investment. Due to the virus being eradicated, some sectors saw a reduction in financing.

Yerkin Tashev was able to respond with actions. They gave medical and food items to the people of Kazakhstan, Ukraine and Kazakhstan. In recognition of his act of philanthropy, Tatishev was awarded the Entrepreneur of the Year by the international professional services network Ernst & Young.

Thus, improving the next strategies will aid entrepreneurs as well as the nation in restoring its economic stamina. It can also strengthen bilateral relations between nations.

Kusto Group It is crucial to increase access to financing in the agribusiness.
Access to finance is essential in enhancing agribusiness inclusiveness and encouraging entrepreneurial ventures. Farmers are empowered by having access to funds at an affordable price. This allows it to be easier for them to finance their agribusiness ventures.

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

To develop an economy in a country and to make effective investments it is essential to increase access finance. Public loans are a fantastic option to boost and sustain the economy.

If you want to start an agribusiness, it is necessary to have access to finance in order to increase the size of your operation and generate high-quality incomes for different people. This will also help reduce the risks of engaging Agribusiness to help improve the economy of the country.

Kusto Group's activities across five industries
Yerkin Tatishev established Kusto Group in 2002. The company is active in five areas: agriculture, oil and gas, construction materials, real estate, and energy. Tatishev believes Kazakhstan is a prime candidate to lead the world agricultural industry. According to him, bilateral relationships between countries are significant. It allows governments the opportunity to benefit from the opportunities offered by nations of other countries and helps build trust. The country's citizens can also benefit from exchange of goods and services with companies from other nations that will help boost the economic growth.


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