Notes

Kusto Group Us-Kazakh Agribusiness Partnership

Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Tashev, the Kazakh born founder of Kusto Group said that Kazakhstan has always been regarded as one among the breadbaskets under the Soviet Union. Kazakhstan's social, economic and environmental progress has been heavily dependent on agriculture. Kazakhstan has maintained close connections with the United States to boost the agribusiness cooperation. https://www.ey.com/en_gl/weoy/class-of-2022/kazakhstan USA and Kazakhstan recognized the necessity to explore potential and promising opportunities to boost their agribusiness sector.

Kusto Group aims to develop a modern agricultural sector in Kazakhstan and take advantage of the vast land resources of Kazakhstan.

The United States and Kazakhstan have emphasized the potential to scale-up the agriculture sector, with a focus on the production of crop proteins and mechanized irrigation. This is a huge attempt to build a stronger bilateral relationship.

The collaboration between the US and Kazakhstan is on the horizon
The USA and Kazakhstan have developed strong relations between the two countries that have raised confidence in Kazakhstan's capability to expand its agricultural sector. This has been helped by the United States' financial and incentive programs.

For strengthening the ties between these countries, a method to strengthen the ties between these countries has been to increase trade and economic integration.

Additionally, the support of agriculture activities offers the possibility for ambassadors, ministers as well as business partners from Kazakhstan and USA to meet. The main goal is to increase Kazakhstan’s economy and improve trade among countries around the globe.

What was the source of US interest come from in Kazakh business?
The United States has primarily invested in the manufacturing industry, in addition to agribusiness, and transport logistics. These industries have experienced record-breaking levels of direct investments because of the robust and active collaboration.

Daniel Kunin They are also close to restoring key indicators which can help boost the country's overall investment flow. They have seen great results working together in the energy industry.

Due to the immense natural resources of Kazakhstan, there are significant opportunities for improving relations through the fields of agriculture and renewable energy. With this great potential and huge potential, the United States is still exploring possibilities to strengthen its interests as it improves its ties with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
Over 30 years have passed since the establishment of the US-Kazakh diplomatic relation. Around 54 billion dollars have been invested in various companies working for the Kazakhstan economy. According to the statistics there are more than 600 American companies have operations in Kazakhstan. This indicates that Kazakhstan's economy is positive.

The strengthening of the strong relationship between Kazakhstan and the United States is a topic to be discussed. This helps initiate fresh reforms that improve the business environment across different areas of Kazakhstan's economy.

The company also works with partners in the creation of new possibilities and investment opportunities, such as Kusto Group's launch of 65 Wendy's Restaurants in Kazakhstan, Uzbekistan and Georgia. Kusto Group Kusto Group has 1450 job opportunities in mind for the many Wendy's restaurants set to be open.

What are the possibilities for the US companies in Kazakhstan agriculture?

US companies have an opportunity to export their goods to Kazakhstan. Equipment that is exported from the United States to Kazakhstan include reapers seeders, sprayers, harvesters, tractors grain combine harvesters, and cultivators.

The primary reason behind the rise of new opportunities has been the necessity for the latest technology. There has been an increasing market for the United States' food-related exports such as beef, poultry plants, seeds for plantation, and beverages in Kazakhstan.

USA has potential opportunities due to the large amount of imports from Kazakhstan of chicken meat, black tea and cane sugar. The strong partnerships and relationships between USA and Kazakhstan can assist in enhance their participation in agricultural activities.

Kusto Group's generosity in the wake of the economic downturn caused by Covid-19's devastation.
Covid-19 has brought great difficulties for countries and has led to a fall in certain sectors of the economy. The strict policy measures taken to stop the virus have significantly reduced outflows from the external market.

Sources of finance for development were also affected by the severe pressures that the pandemic imposed on many sectors of the economy.

Yerkin Tatishev Daniel Kunin As a lot of industries were shut down due to fear of declining investments, the pandemic had an effect on the flow of income in the country. The virus caused some industries to limit funding.

Yerkin Tashev, and Kusto Group reacted to their request by taking action. They donated food and medical supplies for people in Kazakhstan as well as Ukraine. In recognition of his act of charity, Tatishev was awarded the Entrepreneur of the Year by the multinational professional services network Ernst & Young.

The country could also benefit from the development of approaches to help entrepreneurs and revive its economy's viability. It will also benefit from bilateral connections between countries.

The need to increase access to financing for agribusiness.
Access to financing is critical to increase participation in agribusiness and developing entrepreneurial ventures. Farmers are able to access funds at a cost that is affordable. It also makes it easier to finance agribusiness.

This allows farmers to increase capital and produce more food, which is the ultimate goal for food safety in the world.

Access to finance is vital to start productive investments and growing a country’s economy. Public loans can spur and support the growth of the economy at a high level.

Thus, agribusiness that is developing requires proper access to finance to expand operations and generate far-reaching incomes for various individuals. This will help ease the challenges of participating in agribusiness in better ways that are vital to the nation's economy.

Kusto Group's activities in five sectors
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates in five areas: agriculture, gas, oil real estate, oil and gas, as well as building materials. Tatishev believes that Kazakhstan is a great place to be for leadership on the global stage in agriculture. According to Tatishev's opinion, bilateral ties are vital. This gives governments the chance to make use of the opportunities offered by nations of other countries and helps build trust. Trade with friendly countries can also be done by the citizens of certain countries. This will help to boost the economy.


Website: https://www.eco2-magnesia.com/meet-our-team.html