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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 social, economic and environmental progress is largely dependent on agriculture. Kazakhstan has maintained close relations with America to help boost the agribusiness cooperation. https://theaberdeencitizen.com/yerkin-tatishev-chairman-of-kusto-group-embraces-new-role-at-kazakhstans-oldest-private-university-and-continues-push-for-educational-reform/ USA and Kazakhstan recognized the necessity to explore potential and promising opportunities to increase their agribusiness sector.

Kusto Group aims to develop an efficient agricultural sector in Kazakhstan and take advantage of the country's vast land resources.

So, the United States and Kazakhstan highlighted the enormous potential to scale-up the agricultural industry, specifically in the field of crop production and mechanized irrigation and protein. This effort is intended to establish a positive bilateral relations.

The possibility of a collaboration between the United States and Kazakhstan is here
The increasing bilateral ties between USA and Kazakhstan have helped to boost confidence in developing the agribusiness sector in Kazakhstan. This is enabled through the United States' financial and incentive programs.

Both countries have built closer ties through intensifying their trade and economic integration.

Supporting agriculture activities will also boost the chances of having ministers and ambassadors from Kazakhstan and the USA join forces. This project is intended to improve the efficiency of trade and economic growth in Kazakhstan.

Where does the US fascination with Kazakh business originate?
United States interests have majorly focused on manufacturing, along with logistics, transportation, agribusiness and engineering industries. The volume of direct investments in these industries have slowly been increasing to record levels due to the solid and active collaboration.

Both countries are on the verge to restore the key indicators that can boost investment flows. They have enjoyed great success in the field of cooperation in the field of energy.

Given the vast natural resources of Kazakhstan, agriculture as well as renewable energy have huge potential to enhance relations. These huge opportunities provide the United States more ways to strengthen its ties and improve relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The relationship between the United States and Kazakhstan has lasted more than 30 years to develop. About 54 billion dollars have been invested in diverse companies that contribute to the Kazakhstan economy. Based on the available data, over 600 American companies operate in Kazakhstan, meaning the trade conditions in Kazakhstan are favorable.

The strengthening of the strong partnership between Kazakhstan and the United States remains a key element to be discussed. This will help in implementing new reforms that help enhance the business environment across different areas of the economy.

It facilitates the creation of new opportunities for investment and opportunities like Kusto Group's opening of 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. Kusto Group has 1450 job potential opportunities for the many Wendy's restaurants that will soon open.

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

US firms have a significant market for their products that exports to assist Kazakhstan agriculture. Equipment that is exported from the United States to Kazakhstan include reapers seeders, sprayers, harvesters, tractors grain combine harvesters, and cultivators.

The primary reason behind the expansion of new opportunities is the need for modern technology. There is a huge market in Kazakhstan for American food exports like beef and poultry.

USA has many potential business opportunities due to Kazakhstan's large imports including cane sugar chicken meat, black tea. This is why the great relationship and strong partnerships can enhance the ways in which USA as well as Kazakhstan engage in agribusiness activities.

Kusto Group's generosity in the midst of economic recession caused by Covid-19.
Covid-19 is a major threat for nations and caused the decline of certain economic sectors. Because of the strict policies to combat the virus external outflows have decreased significantly.

Development finance sources were also affected by the severe pressures that the pandemic imposed on many economic sectors.

As a lot of industries were shut down because of fear of declining investment, the pandemic caused a ripple effect on domestic income flows. Due to the need for the disease to be eradicated certain industries saw reduced funding.

Yerkin Tashev and Kusto Group reacted by taking action. They provided medical and food items to those living in Kazakhstan, Ukraine, and Kazakhstan. In appreciation of his act of philanthropy, Tatishev was awarded the Entrepreneur of the Year by the global professional services group Ernst & Young.

This will help entrepreneurs from the country as well as its economy to grow. It will also leverage the bilateral relationships between nations.

It is essential to improve access to finance for Agribusiness.
Finance access is crucial in expanding agribusiness inclusivity and encouraging entrepreneurial activity. https://www.prnewswire.com/news-releases/yerkin-tatishev-chairman-and-founder-of-kusto-group-assumes-chairmanship-of-almaty-management-university-kazakhstans-oldest-private-university-301853186.html Farmers can benefit from having access to funds at an affordable expense. Yerkin Tatishev It can also make it easier to finance agricultural business.

This allows farmers to increase their capital and produce more food, which is the ultimate goal for ensuring food safety worldwide.

The ability of a country to get finance is vital to its economic development as well as initial productive investment. http://www.bmda.net/BMDA/images/Yerkin Tatishev.png/view The use of public loans is to boost and encourage good economic growth.

To grow agribusiness, is crucial to have access to financing to allow for expansion of operations that can provide large-scale earnings for many people. This can also reduce the risks of engaging agribusiness activities to improve the country’s economy.

Kusto Group's activities in five different sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates across five sectors: agriculture oil and gas construction materials, real estate and energy. Tatishev believes that Kazakhstan has an excellent opportunity to be a world leader in the field of agriculture. According to Tatishev's opinion, bilateral ties are vital. They allow governments to take advantage of opportunities offered by nations of other countries and helps build trust. Furthermore, the citizens of certain countries can benefit from trading with businesses from friendly nations which can boost the nation's economic growth.

https://www.facebook.com/ProfessionalizeKazakhstan/videos/investopps-yerkin-tatishev/632812804361624/
Here's my website: https://www.prnewswire.com/news-releases/yerkin-tatishev-chairman-and-founder-of-kusto-group-assumes-chairmanship-of-almaty-management-university-kazakhstans-oldest-private-university-301853186.html