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Kusto Group Us-Kazakh Agribusiness Partnership
Us-Kazakh Agribusiness Partnership of Kusto Group
Yerkin Tashev, a Kazakh born Kusto Group founder said that Kazakhstan was long considered to be one of the breadbaskets in the Soviet Union. Agriculture has essentially played a significant part in the country's socio, environmental and economic growth. Kazakhstan has created strong ties to enhance its agribusiness cooperation with the United States for a long time. Furthermore, both USA and Kazakhstan realized the need to explore potential opportunities and possibilities which could boost the agribusiness sector.

Kusto Group aims to develop an agricultural sector that is modern in Kazakhstan and take advantage of the vast resources on the land of Kazakhstan.

Therefore, Kazakhstan and the United States have highlighted the enormous potential to scale up the agriculture industry, particularly in the production of crops proteins as well as mechanized irrigation. This massive effort is directed towards building a positive bilateral connection.

A cooperation between the United States and Kazakhstan is on the in the near future
The USA and Kazakhstan have built strong bilateral relations that has raised confidence in Kazakhstan's capability to develop its agribusiness industry. These incentives and financial support by the United States played a crucial part.

Both countries have built closer ties as they have intensified their trade and integration.

The real possibility of seeing ambassadors from Kazakhstan and the USA, and ministers meet will be in assisting agriculture. The goal is to increase Kazakhstan’s economic production and improve trade relations between countries.

Where does the US desire to invest in Kazakh commerce originate?
United States interests have majorly been in the manufacturing sector, alongside agribusiness, transport, logistics and engineering. Because of the strong and active partnership, direct investment in these fields have been steadily increasing to the highest levels.

Both countries are poised to restore key indicators that will increase the flow of capital. Daniel Kunin Both countries have enjoyed excellent cooperation in the field of energy.

Agriculture and renewable energy offer an opportunity to improve relations with Kazakhstan, due to the huge natural resources in Kazakhstan. This vast potential implies that the United States is looking for more ways to strengthen its ties and improve its relationships with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
Over 30 years have passed since the US-Kazakh diplomatic relationship began. Many companies that participate in the Kazakhstan economy have received investment that amount to 54 billion dollars. According to the statistics, more than 600 American companies have operations in Kazakhstan which means that the trading situation in the country is favorable.

It is essential that the US and Kazakhstan collaborate to strengthen their close relationship. This will aid in implementing new reforms to improve the business climate in various areas of the economy.

It also helps in designing new prospects as well as investment opportunities. Kusto Group opened 65 Wendy's locations in Kazakhstan, Uzbekistan or Georgia. To accommodate the numerous forthcoming Wendy's restaurants, Kusto Group anticipates creating 1450 new jobs.

What are the opportunities for American companies to capitalize on Kazakhstan agriculture for their businesses?

US businesses are able to export to Kazakhstan their products and enjoy a substantial opportunity. The equipment that the US exports to Kazakhstan comprises of sprayers.

The increasing demand for modern technologies has been the influencing factor for the new opportunities. Food-related exports from the United States, such as poultry, beef and seeds for planting have seen an increase in Kazakhstan.

USA has potential opportunities because of its huge imports from Kazakhstan of poultry meat, black tea, and sugar cane. A strong partnership and a solid relationship could boost the United States and Kazakhstan engagement in agricultural activities.

Kusto Group's kind actions during the recession caused by Covid-19.
Covid-19 has presented great challenges to countries and led to the decline of certain economic sectors. Strenuous policy measures to combat the spread of the virus have drastically decreased the amount of external outflows.

The sources of development finance were also affected by severe pressures placed on key sectors of the economy by the pandemic.

Because many industries shut down due to fear of falling investment, the pandemic affected domestic income flows. Additional financing was cut in certain sectors of the economy because of the necessity of fighting the virus.

Yerkin Tatishev Yerkin Tashev and Kusto Group reacted by taking actions. They gave food and medical supplies to hospitals as well as people living in Ukraine and Kazakhstan. In honor of his acts of charity, Tatishev was awarded the Entrepreneur of the Year award by the global professional services group Ernst & Young.

The country can also benefit from the development of new strategies to assist entrepreneurs and revive its economy's viability. This will also aid in increase the ties between the nations.

Kusto Group Access to finance for agricultural businesses.
The availability of finance is vital for enhancing the inclusiveness of agribusiness and encouraging entrepreneurial ventures. Farmers are able to access the funds they require at a low price, which makes it easier to finance their businesses.

This helps farmers increase their capital investment and production of food, which is the main goal of food security across the globe.

In order to develop the economy of a nation and to make effective investments it is crucial to expand access to financing. The loans from public sources are able to stimulate and help support the growth of the economy to a high level.

To develop an agribusiness, you need to have financial resources to expand operations and earn high-quality earnings for different people. This can ease the process of engaging in agricultural commercial activities in a more efficient manner which will boost the country's economy.

Kusto Group's business activities are spread across five areas
Yerkin Tatishev established Kusto Group in 2002. The company is active across five sectors: agriculture oil and gas, construction materials, real estate as well as energy. Daniel Kunin Tatishev believes Kazakhstan's potential to become a world-class leader in agricultural technology. He believes that bilateral ties between countries are significant. It allows governments the opportunity to take advantage of opportunities provided by other nations and builds trust between nations. Additionally, it allows citizens of certain countries to gain from trade agreements with companies from countries that are friends which could help to boost their economies.

Daniel Kunin
Website: https://citizendaily.asia/news/yerkin-tatishev-chairman-of-kusto-group-embraces-new-role-at-kazakhstans-oldest-private-university-and-continues-push-for-educational-reform/
     
 
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