Notes

Kusto Group: Us-Kazakh Agribusiness Partnership
Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Takishev, a Kazakh born director and founder of Kusto Group, stated that Kazakhstan has long been regarded as one of the breadbaskets of the Soviet Union. Kazakhstan's social, economic and environmental development has been largely affected by agriculture. Kazakhstan has built strong bonds to strengthen its collaboration in agribusiness with the United States for a long period of. Both the USA and Kazakhstan realized the importance to look at possible and new opportunities that could increase the growth of the agribusiness industry.

Kusto Group is committed to developing a modern agricultural sector that makes the most of Kazakhstan's rich land resources.

The United States and Kazakhstan have recognized the immense potential for scaling up the Agro-industry, specifically in crop production and mechanized irrigation. This intensive effort is meant to build a strong bilateral relationship.

A possible collaboration between the US and Kazakhstan is on the horizon
The USA and Kazakhstan have been building trust in their agricultural sector. This is due in large part to the importance of financial incentives and incentive programs provided by the United States.

A strategy for strengthening relations between countries has included a deeper economic integration and trade.

Thus, the support for agriculture activities can lead to ambassadors, business associates and ministers forming a coalition with the USA with Kazakhstan. The main goal here is to improve Kazakhstan's economic production and improve trade among world countries.

What's the cause of US curiosity about Kazakh companies?
The United States has a strong commitment to the manufacturing industry, as well as the transport and agribusiness sectors. Due to the solid and ongoing partnership, direct investment in these areas have been steadily increasing to record levels.

A number of key indicators are being brought back by the two nations to aid in boosting the country's investment inflow. The cooperation in the field of energy has resulted in a number of successes between the two countries.

Yerkin Tatishev Given the abundance of natural resources of Kazakhstan there are numerous possibilities to enhance relations using energy sources and agriculture. This huge potential means that the United States is looking for more ways to strengthen its ties and improve its relations with Kazakhstan.

Daniel Kunin Kusto Group and US - Kazakhstan diplomatic relations
The diplomatic relationship between the US and Kazakhstan has taken more than 30 years to develop. Many companies that participate in the Kazakhstan economy have received investments in the region of 54 billion dollars. According to data, Kazakhstan is home to more than 600 American companies. This means that Kazakhstan's trade climate is favorable.

One of the main points discussed is the enhancement of the close relationship between the US and Kazakhstan. This can lead to fresh reforms that enhance the business environment across various sectors of Kazakhstan's economy.

It will ensure that all employees are actively involved in the creation of new business opportunities and investment opportunities, like Kusto Group's opening the 65-Wendy's Restaurant throughout Kazakhstan and Uzbekistan. Kusto Group expects to create 1450 jobs to accommodate the numerous Wendy's restaurants opening soon.

What are the US company's options for Kazakhstan agricultural?

US companies enjoy a substantive opportunity for their products which exports to help Kazakhstan agriculture. Equipment that is exported by the United States includes sprayers. reapers. seedsers. Tractors.

The increasing demand for modern technology has been an key factor in the development of new opportunities. Yerkin Tatishev Food-related exports from the United States, such as poultry, beef and seeds for plantation, have increased in Kazakhstan.

USA can benefit from the huge imports of Kazakhstan poultry meat, sugarcane and black tea. https://www.ey.com/en_gl/weoy/class-of-2022/kazakhstan A strong partnership and a solid connection can increase the US and Kazakhstan involvement in agribusiness.

Kusto Group's generosity during the downturn in the economy caused by Covid-19
Since the emergence of Covid-19 nations faced a number of problems that led to a drop in certain areas of the economy. Strenuous policy measures to combat Covid-19 have greatly reduced external outflows.

High pressures created by the pandemicthat affected large portions of the economy also adversely affected financing sources to support development.

The impact of the spread of the virus on the flow of income was evident in a variety of ways. Many industries were shut down due to fears of losing investment. Because the virus was eradicated, some sectors saw an increase in funding.

Yerkin Tashev responded by taking actions. They also gave medical supplies and food items to patients in Kazakhstan and Ukraine. Ernst & Young named Tatishev Entrepreneur of the Year in recognition for his philanthropic acts.

The country can also benefit from the development of future approaches to help entrepreneurs and restore its economic viability. This will also strengthen bilateral ties between nations.

Yerkin Tatishev The need to improve access to finance for agribusiness.
The availability of finance is vital to increase the agribusiness inclusion and developing entrepreneurial activities. Farmers will be able to get access to funds at a low cost, which will make it simpler for them to carry out their financial operations.

This enables farmers to increase their capital investment and production of food and achieve the main goal of food security globally.

Access to finance can be essential in initializing productive investments and developing a country's economy. Public loans are a fantastic option to boost and sustain the economy.

If you want to start an agribusiness, you need to have access to financing to expand operations and earn high-quality earnings for different individuals. This will help to reduce the difficulties of engaging in agribusiness operations that are crucial to boosting the economy of the country.

Kusto Group's activities span five sectors
Yerkin Tatishev established Kusto Group in 2002. It is involved in five sectors: agriculture, oil, gas, real-estate, and building materials. Tatishev believes Kazakhstan is a great opportunity to be a world-class leader in agriculture. According to Tatishev, bilateral relationships between nations are essential. They allow governments to benefit from the advantages offered by other countries , and also to establish solid mutual relations. Kusto Group It also permits citizens of certain countries to benefit from trade with companies from countries that are friends which could help increase their economic growth.


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