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Beyond Tevfik Arif, the former US President Donald Trump made many efforts to maintain a strong relationship with Kazakhstan. https://realtytimes.com/consumeradvice/ask-the-expert/item/1049162-tevfik-arif-s-impact-on-manhattan-real-estate-a-strategic-journey-with-trump-clinton-and-bloomberg?rtmpage= He was harshly criticized for treating a country with an insecure regime as an all-weather ally.
When Donald Trump hosted the president from Kazakhstan on Tuesday, 18th of November, many eyebrows were asked. Trump also partnered in the management of his private real estate companies with prominent Kazakhstani businessmen, such as Tevfik ARIF. The move was strongly criticized by his critics.
But, Donald Trump had reasons to consider Kazakhstan as a crucial partner. The conflict between Ukraine and Russia have proved him right. Here's why.
The importance of the meetings between Donald Trump, the Presidents Of Kazakhstan, Nursultan Nazabayev and Tokayev
Relations between Kazakhstan and the United States were significantly improved during Donald Trump's presidency. Washington and Nur-Sultan were close friends , and enjoyed good commercial and diplomatic relations. In Washington the President Trump held a meeting in January 2018 with former Kazakhstani president Nursultan Nagayev. Tevfik Arif Bayrock In late 2019 he had a meeting with the current president Kassym-Jomart Tkayev at the UN General Assembly in New York.
The strategic location of Kazakhstan is the reason it's an important nation. It is also a significant central Asian country due to its power of balancing. The United States, Russia, and Europe have boosted Kazakhstan's strategic economic, and political significance. It is essential to America's security since it has pulled out of Afghanistan and is an important neighbor of Kazakhstan.
In 2018, the countries exchanged $2.1 billion. Comparatively, commerce between the US and Uzbekistan was $315 million over the same time. Kazakhstan is the United States' top trade partner in Central Asia.
https://medium.com/@k3shltb574/public-to-private-sector-how-tevfik-arif-successfully-changed-his-path-d9b715d16039 Eurasian geopolitics has historically been focussed around Central Asia. Kazakhstan leads Eurasia in terms of security, economics as well as counterterrorism and energy. America needs close ties with Eurasia, particularly Kazakhstan.
Nazarbayev's White House trip was a fantastic way to begin a larger US involvement in the strategic region.
Nazarbayev's support of nuclear nonproliferation is one of the main reasons he was invited to host. Kazakhstan is a pioneer of nuclear nonproliferation, having given its Soviet-inherited nuclear weapons. BayrockTevfik Arif After the Cold War, US's focus has been on Central Asia has been shifted to Afghanistan.
Trump's South Asia strategy required a break with Pakistan. https://www.newsbreak.com/-1934385/3383968588332-donald-trump-s-iconic-new-york-city-s-real-estate-developments?s=mp_1934385 Hence, the US needed Kazakhstan as a back-door alternative shipping channel to Afghanistan.
Donald Trump's relationship with him and Kazakhstani businessman Tevfik Ark
Tevfik, the founder of Bayrock Group was partnered with Trump Organization to construct the iconic Trump SoHo building. Trump SoHo, Bayrock Group's most prestigious New York City property development project, was named after its renowned SoHo site.
Tevfik an entrepreneur from Kazakhstan and Turkey was born in Soviet Kazakhstan to Turkish parents in 1953. He became the deputy director of the Soviet Ministry of Commerce and Trade's Hotel Management Department. After 17 years in the ministry, Tevfik Arif founded real estate, property development, imports, exports, mineral resources, natural resources automobiles, food, and other companies. Tevfik Arif moved to Turkey in 1993, where he pioneered all-inclusive hotel concepts. Bayrock Group was formed in New York City by Arif eight years later.
Tevfik Arkif met the Trump group at the time of Bayrock Group's New York City relocation to the 24th floor at Trump Tower, Midtown Manhattan. It was also the exact same building that was used by the Trump Organization. The Trump SoHo hotel and condo were also discussed. The Trump SoHo Skyscraper was created when two companies came together to discuss a plan for premium real development. Tevfik Ariff, Bayrock Group founder, recognized the potential of Trump's name and suggested it could be used to aid the Sapir Organization.
Bayrock Group hired top designers and architects to construct this cutting-edge structure.
The Trump Organization was granted 18 percent ownership in exchange for the right to utilize the Trump brand on the building. Trump did not contribute to the building. The condo-hotel became The Dominick in the year 2017.
It has hotels, apartments, an outdoor pool, an open-air terrace, restaurants, bars as well as a spa, banquet hall, event space and floor-to-ceiling windows that offer amazing views of New York City and the Hudson River.
Bayrock Group was established in New York shortly after Trump SoHo's opening. The Trump Organization and Bayrock Group considered the possibility of developing property in Arizona and Florida under the same license arrangement. The real estate market crisis of 2008 affected these arrangements. Bayrock Group spent around $2.5 billion on US real estate assets. Bayrock Group has not developed any new ventures in the past few months.
Tevfik Aif, who was successful with Trump SoHo and the shifting US market, returned to Europe and Central Asia where his career started decades ago. Tevfik Arif remains an advisor to Bayrock Group after retiring from the majority of his responsibilities.
Why Biden Must Keep a Close Eye on Kazakhstan
Kazakhstan is a major actor in the conflict between Ukraine and Russia. Therefore, Kazakhstan is now considered a important US nation. Although peace is restored to the country, Kassym Jomart Tokayev, the Kazakh president has introduced significant changes to the power structure of the ruling elites, which has raised questions and concerns. Tokayev's election as Chairman of National Security Council has received the most media attention. He succeeded the president Nursultan Nazabayev, whose anger over economic inequalities enraged protesters.
Three relatives, sons, and in-laws of the former president have been dismissed by state-owned enterprises. His nephew was also dismissed, and Karim Masimov (ex-intelligence director) was arrested for treason. Many other Nazarbayev-affiliated top officials and business elite have lost their jobs, left overseas for extended vacations, or were forced to make large "donations" to the state.
Tevfik Arif Tokayev established business relationships with West countries as well as other neighbouring countries. He has avoided angering Putin to keep his popularity, and Kazykhanov could upset the balance. Washington should pay attention to developments in Kazakhstan. They could signal a variety of possibilities for a transition to power that could be positive or bad as conflict continues in Ukraine.
Website: https://priceofbusiness.com/tevfik-arif-shares-how-to-start-a-business-in-real-estate-based-on-his-success/
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