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Kusto Group: Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born the founder of Kusto Group), stated that Kazakhstan has long been considered to be one of the main breadbaskets in the Soviet Union. Agriculture has essentially played a fundamental contribution to the country's social economic, environmental and cultural development. Kazakhstan has always had strong connections to the United States in order to enhance its cooperation in agribusiness. The USA and Kazakhstan were also aware of the necessity to examine potential and possible possibilities that could enhance the business of agribusiness.
Kusto Group is dedicated to the development of a contemporary agricultural sector that makes use of Kazakhstan's abundant land resources.
USA and Kazakhstan have both emphasized the possibility for scaling-up the agriculture sector and have focused on the production of crop proteins and mechanized irrigation. This effort is intended to establish a positive bilateral connection.
A possible collaboration between the US and Kazakhstan is on the horizon
The USA and Kazakhstan have built trust in their agribusiness sector. These incentives and financial support from the United States played a crucial part.
For strengthening the ties between these countries, one strategy to strengthen ties has been to strengthen trade integration and economic integration.
Supporting agriculture activities will also boost the chances of having ministers and ambassadors from Kazakhstan and the USA meet. This will help improve trade between world countries and increase Kazakhstan's economic output.
Where does the US desire to invest in Kazakh business come from?
United States interests have primarily focused on the manufacturing sector along with agribusinesses, transportation logistics and engineering. Due to the strong and active collaboration, these industries have seen record numbers of direct investment.
They are also near to getting back key indicators that will increase the country's total inflow of investment. They have enjoyed huge success in the area of energy cooperation.
The vast resources available in Kazakhstan provide the renewable energy and agriculture attractive options to strengthen ties. This huge potential means that the United States continues to look for ways to enhance its relationship with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
Over thirty years have passed since the establishment of the US-Kazakh diplomatic relation. Around 54 billion dollars has been invested in various companies working for the Kazakhstan economy. According to the statistics, Kazakhstan has more than 600 American companies, which indicates that the business environment in Kazakhstan is favorable.
Strengthening the partnership between US and Kazakhstan remains a key factor to be considered. This allows for the introduction of new reforms that will enhance the business environment across various industries.
It makes sure that everyone is actively involved in the creation of new investment and opportunity opportunities, like Kusto Group's plans to open a 65-Wendy's restaurant across Kazakhstan as well as Uzbekistan. Kusto Group expects to create 1450 jobs to accommodate the number of Wendy's restaurants set to open in the near future.
What opportunities are there for the United States to capitalize on Kazakhstan agriculture for their businesses?
The US has a significant market for its products that are exported to Kazakhstan. The equipment the United States exported to Kazakhstan included sprayers. reapers. harvesters. seedsers. cultivators.
The main reason for the expansion of new possibilities has been the requirement for advanced technology. Exports of food products from the United States, such as beef, poultry and seeds for plantation, have increased in Kazakhstan.
USA can take advantage of the huge imports from Kazakhstan of black tea, sugar cane and poultry meat. Strong partnerships and a positive relationship could boost the United States and Kazakhstan engagement in agricultural activities.
Kusto Group's generous acts in the midst of economic recession caused by Covid-19.
Covid-19 has caused an important change in the economic landscape. Due to strict policy measures that have been in place, the virus has been slowed in its spread. It has resulted in a significant decrease of external outflows.
https://newswire.net/newsroom/blog-post/00266234-yerkin-tatishev-potential-for-doing-business-with-eu-entities-is-rising.html The pressures that were created by the pandemic that affected large parts of the economy had a negative impact on the availability of financial resources for development.
The impact of the spread of the virus on income flows was felt in various ways. Kusto Group Many industries closed down in fear of losing investments. The necessity to fight the disease led to a reduction in the amount of money that was lent to certain sectors of economics.
Yerkin Tashev and Kusto Group reacted by taking action. They gave food, medical supplies as well as other assistance to people in Kazakhstan as well as Ukraine. In recognition of his act of giving back, Tatishev was awarded the Entrepreneur of the Year award by the international professional services network Ernst & Young.
The country could also benefit from the development of new methods to aid entrepreneurs and regain its economy's viability. This will also strengthen the number of bilateral connections between countries.
The need to increase access to finance for agricultural businesses.
The availability of financing is crucial for boosting participation in agriculture and the development of entrepreneurial ventures. Farmers are empowered by having access to low-cost funds that make it possible to finance their agricultural business.
This enables farmers to increase their capital investment and produce more food, which is the ultimate aim of ensuring that food security is guaranteed globally.
To develop a country's economy and invest in productive ways it is essential to improve access to finance. https://www.natureworldnews.com/articles/44661/20201102/yerkin-tatishev-kusto-group-deals-covid-19.htm The public loan funds are a great way to boost and stimulate economic growth.
Yerkin Tatishev The availability of finance is crucial to the growth of agricultural businesses. This allows you to expand your operations to provide a broad range of incomes. This will also help reduce the risk of engaging in agribusiness activities to improve the nation's economy.
Kusto Group's operations in five areas
Yerkin Tatishev established Kusto Group in 2002. It is involved in five areas: gas, oil, real-estate, and building materials. Tatishev believes Kazakhstan holds a unique opportunity to lead the global agricultural industry. According to Tatishev's opinion, bilateral ties are vital. They allow governments to take advantage of the opportunities presented by other nations and to establish solid relationships. Yerkin Tatishev In addition, residents of certain nations can profit from trade with companies from friendly nations, which will enhance the country's economy.
Homepage: https://www.natureworldnews.com/articles/44661/20201102/yerkin-tatishev-kusto-group-deals-covid-19.htm
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