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Kusto Group Us-Kazakh Agribusiness Partnership
Yerkin Tashev, one of the Kazakh born founder of the Kusto Group said that Kazakhstan has always been considered one among the breadbaskets under the Soviet Union. Kazakhstan's social, economic and environmental development is largely influenced by agriculture. For a long time, Kazakhstan has been able to improve its agribusiness relationship with the United States. In addition both USA and Kazakhstan realized the need to explore possibilities and prospects which could boost the agribusiness sector.
Kusto Group is dedicated to making the agricultural sector modern, using Kazakhstan's abundant land resources.
USA and Kazakhstan have both highlighted the huge potential to scale the agriculture industry, including in the field of crop production protein and mechanized irrigation. This massive effort is directed towards creating an excellent bilateral connection.
US-Kazakh collaboration at the horizon
The USA and Kazakhstan have been building trust in their agricultural sector. https://notes.io/wjuzN This has been helped through the United States' financial and incentive programs.
A strategy to strengthen relations between countries has included more trade integration as well as economic integration.
Furthermore, assisting in the development of agriculture is the real prospect of seeing ambassadors, ministers and business partners come together with counterparts from both the USA and Kazakhstan. This will help improve trade between world countries and boost Kazakhstan's economic output.
What's the cause of US interest in Kazakh companies?
United States interests include agribusinesses as well as transport logistics, engineering and manufacturing. The amount of direct investment in these areas have steadily been increasing to record levels because of the robust and active partnership.
Both countries are poised to restore the key indicators that will increase investment flows. https://kelly-clancy-2.technetbloggers.de/ey-has-been-named-yerkin-tashev-entrepreneur-of-the-year-1715853787 They have seen great results working with each other in the field of energy.
A vast array of natural resources found in Kazakhstan is what makes the renewable energy and agriculture attractive options for improving ties. The United States continues to explore new ways to strengthen relations with Kazakhstan, despite this huge potential.
Kusto Group and US - Kazakhstan diplomatic relations
US - Kazakhstan diplomatic relationship has been ongoing for over 30 years. Around 54 billion dollars have been invested in different companies that work for the Kazakhstan economy. According to these statistics more than 600 American companies are operating in Kazakhstan. This shows that the country has an enviable trading environment.
The broadening of the strong relationship between Kazakhstan and the USA is still an important element to be debated. This permits new reforms to be implemented to improve the working environment for businesses in different areas of Kazakhstan's economy.
It helps create new investment opportunities and potential, such as Kusto Group's opening 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. Kusto Group is anticipating creating 1450 jobs to meet the need for many more Wendy's restaurants.
What are the potential opportunities for American companies to capitalize on Kazakhstan agriculture?
US firms have the chance to export their goods to Kazakhstan. The equipment that USA exports to Kazakhstan comprises of sprayers.
New opportunities were created by the rising demand for advanced technology. The United States has seen a rising market for its food exports to Kazakhstan which includes beef, poultry seeds, as well as planting plants.
USA can benefit from the massive imports from Kazakhstan of black tea, sugar cane and poultry meat. A strong partnership and a solid relationship can boost the US and Kazakhstan participation in agricultural activities.
Kusto Group's generosity in the recession caused by Covid-19
Covid-19 has brought about significant changes in the economy. A strict policy to stop the spread of the virus has resulted in a significant reduction in the flow of external capital.
The high pressures caused by the pandemicthat affected large portions of the economy, also negatively affected the sources of financing to support development.
https://kelly-pruitt-2.federatedjournals.com/yerkin-tatishev-of-kusto-group-joins-to-open-65-wendys-branches-in-europe-by-2030-1715853672 Due to the panic, which caused many industries to shut down, it had an impact on the flow of domestic incomes. Because of the need to combat the virus, certain sectors of the economy saw decreased funding.
Yerkin Tashev and Kusto Group reacted with action. They also donated medical supplies and food to patients across Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneur of the year in recognition of his acts of philanthropy.
The country could also benefit from the advancement of strategies to assist entrepreneurs and revive its economic viability. https://anotepad.com/notes/9nqt2t6f This will also aid in strengthen bilateral ties between nations.
It is essential to improve access to finance and access for agriculture-related.
Access to financing is essential to encourage agribusiness integration and advancing entrepreneurial ventures. Farmers are empowered by having access to funds at an affordable price. This makes it easier for them to finance their agribusiness ventures.
This enables farmers to expand their capital and increase produce more food and achieve the ultimate goal of ensuring food security globally.
To grow the economy of a nation and invest in productive ways it is essential to improve access to finance. Public loans are a great way to stimulate and support good economic growth.
Agribusiness development requires access to finance to increase operations to produce high incomes. https://norris-kerr.mdwrite.net/kusto-groups-neighborhoods-are-built-with-quality-of-living-in-mind-1715853678 This will also mitigate the difficulties of engaging in agribusiness activities with greater efficiency, which is vital to the nation's economy.
Kusto Group's operations in five sectors
Yerkin Tatishev established Kusto Group in 2002. The company operates in five areas: agriculture, oil and gas construction materials, real estate, as well as energy. Tatishev believes Kazakhstan has a tremendous opportunity to become a world leader in agriculture. He believes bilateral ties between countries are crucial. They allow governments to profit from the opportunities offered by other nations and develop solid relationships. Trading with companies from countries with whom they have a good relationship can benefit citizens of particular countries, and will improve the performance of the nation's economy.
