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Kusto Group Us-Kazakh Agribusiness Partnership
Kusto Group: Us-Kazakh Agribusiness Partnership
Kazakhs born Kusto Group founder, Yerkin Tatishev, said that Kazakhstan has been long considered one of the breadbaskets in the Soviet Union. The country's socio-economic and environmental progress is largely influenced by agriculture. Kazakhstan has always had strong connections to the United States in order to improve its collaboration with agribusiness. Yerkin Tatishev In addition both USA and Kazakhstan saw the need to explore possibilities and prospects which could boost the agricultural industry.

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

The United States and Kazakhstan have highlighted the immense potential to scale the agricultural industry, including in the production of crop proteins and mechanized watering. This effort is intended to build a good bilateral relations.

Collaboration between the USA and Kazakhstan is on the horizon
The increasing bilateral ties between USA and Kazakhstan have helped to boost confidence in the development of the agricultural sector in Kazakhstan. These incentives and the financial support by the United States played a crucial part.

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

Supporting agriculture activities is another method to increase the likelihood of ministers, ambassadors, and business partners from Kazakhstan and the USA getting together. The fundamental idea behind this is to improve Kazakhstan's production capacity and enhance trade between world nations.

What was the source of US interest come from in Kazakh business?
United States interests have primarily been in manufacturing sectors in addition to the transport, logistics, and engineering industries. The volume of direct investments in these sectors have gradually been increasing to record levels due to the strong and active collaboration.

They are also near to getting back key indicators that can help boost investment flows. The two countries have achieved excellent cooperation in the field of energy.

Agriculture and renewable energy offer huge opportunities for improving relations with Kazakhstan, due to the huge natural resources in Kazakhstan. https://www.christianbook.com/we-think-what-eat/seth-kunin/9780567081773/pd/81772 These great opportunities offer the United States more opportunities to enhance its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
Over 30 years have passed since the US-Kazakh diplomatic relations began. Daniel Kunin Different companies that are involved in the Kazakhstan economy have received investment that amount to 54 billion dollars. Based on the given figures, more than 600 American companies have operations in Kazakhstan which means that the trading conditions in Kazakhstan are favorable.

The broadening of the strong partnership between Kazakhstan and the United States is a topic to be discussed. This will aid in implementing new reforms that enhance the business environment across different sectors of Kazakhstan's economy.

Kusto Group It also permits cooperation in developing new investment opportunities and new opportunities, such the openings by Kusto Group of 65 Wendy's locations across Kazakhstan. Kusto Group Uzkistan and Georgia. Kusto Group expects to create 1450 new jobs as a result of the numerous Wendy's restaurants opening soon.

What is the US company's options in Kazakhstan agriculture?

Companies from the United States have a substantial market opportunity to export their products to Kazakhstan. The equipment that the United States exports to Kazakhstan includes sprayers. reapers. seedsers. tractors. grain combined harvesters. and cultivators.

The new opportunities resulted of the increased need for the latest technology. There is an expanding market for the United States' food-related exports like poultry, beef, planting seeds, and beverages in Kazakhstan.

USA could benefit from the huge imports of Kazakhstan poultry meat, sugarcane and black tea. A strong partnership and a solid relationship could boost the United States and Kazakhstan involvement in agribusiness.

Kusto Group's generous acts during the economic slump due to Covid-19.
Covid-19 has brought about significant changes in the world's economic environment. Because of strict policies that have been in place, the virus has been slowed in its spread. This has resulted in a significant decrease of external outflows.

The pressures that were created by the pandemicthat affected large portions of the economy, adversely affected financing sources for development.

The impact of the epidemic on the flow of income was evident in a variety of ways. Many industries closed down in fear of losing investment. In the wake of the virus being eradicated, some sectors saw a reduction in financing.

Yerkin Tashev and Kusto Group reacted with action. They donated food and medical supplies for people in Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneur of the year in recognition of his generosity to charity.

Polishing future strategies can support entrepreneurs and aid the country to regain its economic strength. Additionally, it can benefit from the bilateral relationships between nations.

It is crucial to increase access to financing in the agribusiness.
Accessing finance is vital for expanding agribusiness and supporting entrepreneurial ventures. Farmers will be able obtain funds at a fair cost, making it easier for them and their financial activities.

This allows farmers to increase their capital and food output, which is ultimately the goal of ensuring global food security.

It is crucial to improve access to finance in order to enable productive investments to be made , and the country's economy developed. Public loans are a great way to stimulate and support good economic growth.

Thus, agribusiness that is developing requires the right access to financing to scale up operations to provide a wealth of income to various people. This can also help to ease the challenges of engaging in agribusiness in better ways that are essential in uplifting the country's economy.

Kusto Group's business activities are spread across five sectors
Yerkin Tatishev established Kusto Group in 2002. The company is active across five sectors: agriculture oil and gas, construction materials, real estate and energy. Tatishev believes Kazakhstan is an ideal location to be a world-class agricultural leader. According to him, bilateral ties between countries can be significant. They allow businesses and governments to leverage the potential of other nations in addition to establishing strong relationships with each other. Trade with friendly countries is also possible for citizens of certain nations. This can help improve the economy.


Read More: https://www.newseveryday.com/articles/64377/20200110/daniel-kunin-kusto-group-private-public-cooperation-key-successful-transformation.htm
     
 
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