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Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Takishev, who was born in Kazakhstan and is the director and founder of Kusto Group, stated that Kazakhstan has long been regarded as one of the main breadbaskets for Soviet Union. As Kazakhstan has grown as well as its social and economic well-being agriculture has played an essential part. Since long, Kazakhstan has been able to strengthen its agribusiness partnership with the United States. Both the USA as well as Kazakhstan acknowledged the necessity of examining potential and emerging opportunities that could boost the agribusiness sector.
Kusto Group aims to develop a modern agricultural sector in Kazakhstan by utilizing the vast land resources of Kazakhstan.
The United States and Kazakhstan have recognized the immense potential to scale up the Agro-industry, particularly in the production of crops as well as mechanized irrigation. https://telegra.ph/EY-was-named-Yerkin-Tashev-Entrepreneur-of-the-Year-05-16 This massive effort is directed towards creating an excellent bilateral relations.
The possibility of a collaboration between the US and Kazakhstan is on the horizon.
Yerkin Tatishev The USA and Kazakhstan have been building trust in their agribusiness sector. The United States provided finance and incentives that contributed significantly to this growth.
https://alashkar.net/members/yerkin-tatishev-kustogroupaslc907/activity/31260/ A strategy to strengthen relations between the two countries has included a greater trade integration as well as economic integration.
The support for agriculture will boost the chances of having ministers and ambassadors from Kazakhstan and the USA meet. This will help enhance trade between countries around the world and increase Kazakhstan's economic output.
Yerkin Tatishev Where does the US interest in Kazakh commerce originate?
https://waugh-hutchinson.blogbright.net/kusto-group-us-kazakh-agribusiness-partnership-1715849229 United States interests have primarily focused on the manufacturing sector alongside agribusinesses, transport logistics, and engineering. Due to the strong and active partnership, these sectors have seen record numbers of direct investment.
A number of key indicators are being restored by the two countries to help boost the country's investment inflow. The partnership in the energy sector has born much success between the two countries.
Agriculture and renewable energy present huge opportunities for improving relations with Kazakhstan, due to the huge potential of the natural resources of Kazakhstan. This huge potential means that the United States continues to look for ways to improve its relations with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
Over 30 years have passed since the establishment of the US-Kazakh diplomatic relationship began. Numerous companies involved in the Kazakhstan economy have received investment that amount to 54 billion dollars. Based on these numbers, over 600 American companies are operating in Kazakhstan. This indicates that the business climate in the country has been favorable.
It is crucial to keep building the relationship between the USA and Kazakhstan. This gives Kazakhstan the chance to initiate new reforms that will enhance the business environment in various sectors of Kazakhstan's economy.
It also allows for collaboration in the development of new opportunities and investment options for example, the Kusto Group's openings of 65 Wendy's locations throughout Kazakhstan. Uzkistan as well as Georgia. Kusto Group expects to create 1450 jobs in response to the numerous Wendy's restaurants that will open soon.
What are the US's opportunities to capitalize on Kazakhstan agriculture for their businesses?
The US has a significant market for its goods that are sold to Kazakhstan. The equipment the United States exported to Kazakhstan included sprayers. reapers. harvesters. Yerkin Tatishev Seeders. cultivators.
The new opportunities arise out of the increasing demand for modern technologies. There is a huge market in Kazakhstan for American exports of food like beef and poultry.
The massive imports of Kazakhstan chicken meat, sugar from cane and black tea give USA room for potential opportunities. This can be an incentive to the way USA and Kazakhstan are involved in agribusiness activities.
Kusto Group's generous actions during the recession caused by Covid-19.
Covid-19's advent has seen great challenges in countries, which resulted in a decrease in certain areas of the economy. Due to strict policy measures which have thwarted the virus, it has been limited in its spread. It has resulted in an important decrease in external outflows.
Sources of finance for development were also affected by the immense pressures the pandemic caused on large economic sectors.
The domestic flow of incomes was affected by the outbreak. https://rentry.co/cnr6srk3 Most industries were closed because of fears of investment losses. The necessity to fight the virus led to reduced funding in certain economic sectors.
Yerkin Tashev and Kusto Group reacted with action. They provided food and medical equipment to people in Kazakhstan as well as Ukraine. In recognition of his act of philanthropy, Tatishev was awarded the Entrepreneur of the Year award by the global professional services group Ernst & Young.
The development of future strategies that are polished can help entrepreneurs and assist the country recover its economic strength. Additionally, it will be able to leverage bilateral relations between countries.
It is important to improve access to financing for Agribusiness.
https://electronicstracker.com/members/daniel-kuninzlgo350/activity/179459/ The availability of finance is crucial in expanding agribusiness inclusivity and encouraging entrepreneurial activity. Farmers are empowered by having access to funds at a reasonable cost that allow them to finance their farming business.
Yerkin Tatishev This allows farmers to increase capital and grow more food which is the main goal to ensure food safety across the world.
In order to develop an economy in a country and make productive investments it is crucial to increase access finance. Public loans can spur and help boost the growth of the economy at a high degree.
Access to finance is essential to the growth of agribusiness. This will enable you to grow your operations to generate a variety of incomes. This makes it much easier to be involved in agribusiness with a focus that is more beneficial for the country's overall economy.
Kusto Group's business activities across five different sectors
Yerkin Tatishev established Kusto Group in 2002. It operates in five different areas: gas, oil real estate, building materials. Tatishev believes that Kazakhstan has an excellent opportunity for leadership on the global stage in agriculture. According to Tatishev's opinion, bilateral relations are essential. This allows governments to profit from opportunities offered by other nations and build solid mutual relationships. Additionally, citizens of certain countries can profit from trade with companies from friendly nations that will boost the economy of the country.
