Notes

Kusto Group Us-Kazakh Agribusiness Partnership

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tashev, one of the Kazakh born founder of Kusto Group said that Kazakhstan was always considered to be one of the breadbaskets of the Soviet Union. Kazakhstan's socio-economic, environmental and economic growth have been greatly influenced by agriculture. Kazakhstan has long had strong connections to the United States in order to increase its agribusiness collaboration. Both the USA as well as Kazakhstan acknowledged the necessity to look at possible and emerging opportunities that could increase the growth of the agribusiness industry.

Kusto Group Kusto Group aims to develop an agricultural sector that is modern in Kazakhstan, taking advantage the country's extensive land resources.

Both the United States of America and Kazakhstan have highlighted the huge potential of scaling up their agricultural industry, especially in the field of crop production and mechanized irrigation and protein. This is a huge effort to create a strong bilateral relationship.

US-Kazakh collaboration on the horizon
The USA and Kazakhstan have developed trust in Kazakhstan's agribusiness industry. This has been helped through the United States' financial and incentive programs.

A plan to improve relations between the two countries has included a greater economic integration and trade.

Furthermore, the support for agriculture initiatives provides the chance for ambassadors, ministers as well as business partners from Kazakhstan and USA to meet. The main goal is to improve the economic performance of Kazakhstan and boost trade among nations across the globe.

Where does the US interest in Kazakh commerce come?
United States interests have primarily focused on the manufacturing sector alongside agribusinesses, transport logistics, and engineering. The volume of direct investments in these areas have steadily increased to a record level because of the robust and active collaboration.

Many of the key indicators are being updated by the two countries to aid in boosting the flow of investment into the country. They have seen great results working together in the energy industry.

Because of the vast natural resources in Kazakhstan There are huge possibilities to enhance relations using the fields of agriculture and renewable energy. These huge opportunities provide the United States more ways to increase its connections and strengthen relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The relationship between the United States and Kazakhstan has been in place for more than 30 years to develop. More than 54 million dollars are being invested by various companies working for Kazakhstan's economy. According to these statistics, more 600 American companies operate in Kazakhstan. This suggests that Kazakhstan's economy is favorable.

The strengthening of the strong relationship between US and Kazakhstan is a crucial element discussed. This allows for the introduction of new reforms that will improve the business environment in different industries.

It also ensures cooperation in designing new prospects and investment opportunities, such as Kusto Group's opening of 65 Wendy's restaurants across Kazakhstan, Uzbekistan and Georgia. Kusto Group is anticipating creating 1450 new jobs to satisfy the demand for many future Wendy's restaurants.

Kusto Group What are the possibilities for US firms to invest in Kazakhstan agriculture?

US firms have a significant market for their products that they export to aid Kazakhstan agriculture. Equipment exported to Kazakhstan by the United States includes sprayers. reapers. seedsers. tractors.

The growing need to use advanced technologies is the driving factor behind the new opportunities. There is a rising demand for food-related items from the United States such as poultry, beef, seedlings, and drinks in Kazakhstan.

USA could be a great opportunity because of its huge imports from Kazakhstan of chicken meat, black tea, and cane sugar. This can be an opportunity to improve the way USA and Kazakhstan cooperate in agribusiness activities.

Yerkin Tatishev Kusto Group's generous action during the economic decline caused by Covid-19's devastating effects.
Covid-19 is a major threat to countries and led to an increase in certain sectors of the economy. Because of the strict policies to combat the virus the flow of foreign capital has decreased dramatically.

The financial sources that finance development were also affected by the high tensions that were imposed on certain areas of the economy by the pandemic.

The impact of the spread of the virus on income flows was felt in many ways. Numerous industries shut down due to fear of losing investments. Because of the necessity for the virus to be eliminated certain industries saw a reduction in financing.

https://www.sciencetimes.com/articles/28012/20201102/kusto-group-s-yerkin-tatishev-good-governance-education-digitalization-keys.htm Yerkin Tashev, and Kusto Group reacted to their call by taking action. They gave food, medical equipment as well as other assistance to the people of Kazakhstan and Ukraine. Ernst & Young awarded Tatishev the Entrepreneur of the year for his acts of philanthropy.

Polishing future strategies can support entrepreneurs and aid the country to regain its economic strength. It will also increase the bilateral relations between nations.

The need for better access to finance to agricultural business.
Access to finance is essential for enhancing the inclusiveness of agribusiness and advancing entrepreneurial initiatives. Farmers are able to access money at a reasonable cost. It also makes it simpler to finance agricultural businesses.

This enables farmers to increase their capital and produce more food and achieve the ultimate goal of ensuring food security globally.

Access to finance can be crucial in launching productive investment and advancing an economy. Public loans can spur and help boost economic growth at a very high level.

In order to develop agribusiness, it is essential to be able to access financing that allows for the expansion of operations that could generate large-scale incomes for many people. This can help reduce the challenges of getting involved in agribusiness ventures that are vital in lifting the economy of the country.

Kusto Group's activities are spread across five different sectors
Yerkin Tatishev established Kusto Group in 2002. http://www.bmda.net/BMDA/images/Yerkin Tatishev.png/view The company is active in five areas that include gas, oil, real estate, as and building materials. Tatishev believes that Kazakhstan offers a huge opportunity for global leadership in agriculture. He believes that bilateral relationships between countries are crucial. It allows governments to seize the opportunities offered by other nations and establish strong relationships with each other. It also allows the citizens of certain nations to benefit from trade with companies from countries that are friends, which can help boost their economy.


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