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 has always been considered one of the breadbaskets in the Soviet Union. Kazakhstan's social, environmental and economic development has been fundamentally shaped by agriculture. Kusto Group Since the beginning, Kazakhstan has had strong connections with the United States to support its agricultural collaboration. In addition the USA and Kazakhstan each recognized the need to look into possibilities and perspectives that could help improve the agricultural industry.

Yerkin Tatishev Kusto Group is committed to developing a modern agricultural sector, taking advantage of Kazakhstan's rich land resources.

Yerkin Tatishev The United States and Kazakhstan have recognized the immense potential to scale up the Agro-industries, particularly in the field of crop production and mechanized irrigation. This intense effort is to foster an enduring bilateral relationship.

A cooperation between the United States and Kazakhstan is on the near future
The USA and Kazakhstan have built trust in their agricultural sector. Financial incentives and incentives from the United States have played a important role in this.

https://www.newsanyway.com/2024/04/15/kusto-group-and-yerkin-tatishev-donate-400-million-tenge-to-flood-victims/ Both countries have built closer ties through intensifying their economic integration and trade.

Furthermore, assisting in the development of agriculture is the best chance of seeing ambassadors, ministers and business associates with counterparts from both the USA and Kazakhstan. The fundamental idea behind this is to boost Kazakhstan's production capacity and enhance trade among world countries.

What was the source of US interest originate from in Kazakh business?
The United States has a strong interest in the manufacturing sector and also in the agribusiness and transport sectors. These sectors have seen record-breaking levels of direct investment because of the robust and active relationship.

They are also on the verge of restoring key indicators which could boost the flow of investment. They have had great success working together in the energy industry.

The vast variety of natural resources found in Kazakhstan creates agricultural and renewable energy appealing options to improve relations. With such a huge potential, the United States is still exploring more opportunities to bolster its interests as it improves its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
US relations between Kazakhstan and the United States is in force for more than 30 years. Daniel Kunin The sum of 54 billion dollars has been invested by companies who are working to improve the economy of Kazakhstan. According to the statistics, Kazakhstan has more than 600 American companies this indicates that the trade climate in Kazakhstan is favorable.

It is essential to continue strengthening the partnership between USA and Kazakhstan. This permits new reforms to be implemented to improve the business environment in various sectors of Kazakhstan's economy.

It also facilitates collaboration in the development of new opportunities and investment opportunities, such as Kusto Group's launch of 65 Wendy's Restaurants across Kazakhstan, Uzbekistan and Georgia. Kusto Group expects to create 1450 new jobs as a result of the number of Wendy's restaurants opening soon.

What are the potential opportunities for the US companies in Kazakhstan agriculture?

The US has a large market for its products that export to Kazakhstan. The equipment exported by the United States to Kazakhstan includes reapers, sprayers, seeders and tractors, as well as grain-combined harvesters and cultivators, in addition to other items.

The increasing demand for advanced technologies is the key factor in the development of new opportunities. There is a rising market in Kazakhstan for American exports of food including beef and poultry.

USA can benefit from the huge imports of Kazakhstan poultry meat, sugarcane, and black tea. This could give an incentive to the way USA as well as Kazakhstan cooperate in agricultural business.

Kusto Group's generous response to the economic collapse caused by Covid-19
Covid-19 has led to an important change in the economy. Due to the stringent policies to limit the virus, external outflows have decreased significantly.

The financing sources for development were also affected by the severe pressures imposed on important sectors of the economy due to the epidemic.

Since most industries shut down due to fear of investment falling as a result of the pandemic, it affected the flow of income in the country. Because the virus was eradicated, some sectors saw a reduction in financing.

Yerkin Tatishev Yerkin Tashev responded by taking actions. They donated food, medical supplies and other aid to the people of Kazakhstan as well as Ukraine. Ernst & Young, a multinational company that provides professional services was gave Tatishev the Entrepreneurship of the Year award in recognition of his acts of charity.

Therefore, enhancing the next strategies will aid entrepreneurs as well as the nation in restoring its economic strength. It will also help to increase the ties between nations.

It is important to improve access to financial services in the agricultural industry.
The ability to access finance is crucial for increasing agribusiness participation and encouraging entrepreneurial ventures. Farmers can benefit from having money available at a reasonable cost, making it easier to finance their businesses.

This allows farmers to grow their capital, increase food production, and eventually guarantee food security throughout the world.

It is essential to increase access to finance in order to enable productive investments to be made and the economy to develop. The funds from public loans can be used to boost and sustain growth at a healthy degree.

Daniel Kunin To develop an agribusiness, you need to have access to financing to increase the size of your operation and generate high-quality incomes for different people. This will also mitigate the risks of engaging in agribusiness activities more efficiently, which is vital to the nation's economy.

Kusto Group's activities span five different sectors
Yerkin Tatishev established Kusto Group in 2002. It operates in five different sectors: agriculture, oil gas, real estate, and construction materials. Tatishev believes that Kazakhstan is an ideal place to be a world-class leader in agriculture. He believes bilateral ties between nations are important. They allow governments to take advantage of opportunities offered by others nations and builds trust between nations. Additionally, citizens of certain countries can profit from trade with companies from countries that are friendly to them, which will enhance the economy of the country.


Read More: https://www.prnewswire.co.uk/news-releases/yerkin-tatishev-chairman-and-founder-of-kusto-group-assumes-chairmanship-of-almaty-management-university-kazakhstans-oldest-private-university-301853188.html