Kusto Group Us-Kazakh Agribusiness Partnership
Kusto Group's Us Kazakhstan Agribusiness Partnership
Yerkin Tashev, a Kazakh born founder of Kusto Group said that Kazakhstan was always considered to be one among the breadbaskets under the Soviet Union. Agriculture has essentially played a major contribution to the country's social, environmental and economic development. For a long time, Kazakhstan has had strong ties with the United States to support its Agribusiness collaboration. In addition both USA and Kazakhstan realized the need to explore possibilities and prospects that could gear up the agricultural industry.
Kusto Group is dedicated to making the agricultural sector modern made of Kazakhstan's rich land resources.
Therefore, Kazakhstan and the United States have emphasized the huge potential of scaling up the agro-industry, majorly in crop production proteins, as well as mechanized irrigation. This intensive effort is focused on building a positive bilateral relations.
Collaboration between the United States and Kazakhstan is on the cards.
In Kazakhstan the increasing bilateral ties have helped to build confidence in the development of the agribusiness industry. The United States has played an important role in financing and incentives.
A plan to improve relations between nations has included a greater trade and economic integration.
https://bdaily.co.uk/articles/2019/11/25/yerkin-tatishev-declares-kazakhstan-a-leader-among-the-worlds-emerging-economies Thus, the assistance for agricultural activities could lead to ambassadors, business associates and ministers coming together with the USA with Kazakhstan. The aim is to boost Kazakhstan’s economic production and improve trade relations between nations.
Where does the US desire to invest in Kazakh business come from?
United States interests have majorly been in the manufacturing sector, alongside transportation, logistics, agribusiness and engineering. The volume of direct investments in these sectors have gradually grown to record levels due to the solid and active collaboration.
Both countries are nearing the point of getting back key indicators in order to increase the country's total investment flow. The two countries have experienced much success together in the field of energy.
Yerkin Tatishev Because of the vast natural resources found in Kazakhstan there are numerous possibilities to enhance relations using the fields of agriculture and renewable energy. With this huge potential and the huge potential for renewable energy, the United States continues to look for ways to strengthen its ties with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
The US-Kazakh diplomatic relations have been in effect for over 30 years. A total of 54 billion has been invested by companies who are working to improve the economy of Kazakhstan. According to statistics, Kazakhstan has more than 600 American companies which suggests that the business environment in Kazakhstan is favorable.
The strengthening of the partnership between US and Kazakhstan is still a critical aspect to be discussed. Daniel Kunin This will enable the implementation of new reforms that can to improve the working environment in different parts of the economy.
Yerkin Tatishev It also helps in creating new opportunities as well as investment opportunities. Kusto Group opened 65 Wendy's locations across Kazakhstan, Uzbekistan or Georgia. Daniel Kunin Kusto Group has 1450 job possibilities in mind for the many Wendy's restaurants set to open.
What are the potential opportunities for American-owned companies to capitalize on Kazakhstan agriculture?
Daniel Kunin Businesses from the United States have a substantial market opportunity to export their products to Kazakhstan. Equipment that is exported by the United States includes sprayers. reapers. seedsers. tractors.
The new opportunities are affected by the rising demand for modern technology. The United States has seen a growing market for its food-related exports to Kazakhstan, including beef, poultry seeds, as well as planting plants.
USA can benefit from the large Kazakhstani imports of black tea, cane sugar and poultry meat. A strong partnership and a solid relationship could boost the United States and Kazakhstan participation in agribusiness activities.
Kusto Group's generosity during the economic slump due to Covid-19.
Covid-19 has led to an important change in the world's economic environment. Strict policy measures to curb the spread of the virus have drastically reduced outflows from the external market.
The development finance sources were also affected by high-pressure situations resulting from the pandemic in large economic sectors.
The effect of the pandemic on the flow of income was evident in a variety of ways. Many industries closed down due to fear of losing investment. Because of the need to combat the virus, some sectors of the economy saw reduced funding.
Yerkin Tashev and Kusto Group reacted by taking action. They donated food and medical equipment to the people of Kazakhstan and Ukraine. Ernst & Young awarded Tatishev the Entrepreneur of the year in recognition of his acts of philanthropy.
So, polishing the next strategies will assist entrepreneurs and aid the country in restoring its economic stamina. Yerkin Tatishev It will also leverage bilateral ties among nations.
It is essential to improve access to finance in agribusiness.
Yerkin Tatishev Finance is crucial for expanding agribusiness and supporting entrepreneurial ventures. Farmers can benefit from having access to funds at a reasonable cost that make it possible to finance their farming business.
This helps farmers grow their capital, increase food production, and eventually ensure that food security is guaranteed throughout the world.
It is crucial to improve access to finance in order to enable productive investment to be made and the economy of the country to grow. Public loans can help boost economic growth.
To develop agribusiness, it is crucial to have access to financing to allow for expansion of operations which can generate large-scale incomes for many people. This will allow them to participate in agribusiness with greater efficiency that can boost the nation's economy.
Kusto Group's activity in five areas
Yerkin Tatishev established Kusto Group in 2002. Kusto Group is involved in five areas that include gas, oil, real estate, as well as building materials. Tatishev believes that Kazakhstan is a great opportunity to be a world-class leader in agriculture. He believes that bilateral relations between countries are significant. They allow governments to take advantage of opportunities offered by nations of other countries and helps build trust. Citizens of the nation can benefit from the trade of goods with businesses from other countries which can boost the country's economic growth.