Kusto Group Us-Kazakh Agribusiness Partnership
Kusto Group's Us Kazakhstan Agribusiness Partnership
Yerkin Tatishev (Kazakh-born founder of Kusto Group), stated that Kazakhstan was long thought of as one of the breadbaskets in the Soviet Union. Kazakhstan's socio-economic, environmental, and economic growth have been fundamentally shaped by agriculture. For a long time, Kazakhstan has been able to strengthen its agribusiness partnership with the United States. Both the USA and Kazakhstan realized the importance to look at possible and emerging opportunities to increase the growth of the agribusiness industry.
Kusto Group aims to develop a modern agricultural sector in Kazakhstan, taking advantage the vast land resources of Kazakhstan.
So, the United States and Kazakhstan highlighted the enormous potential for scaling-up the agriculture industry, especially in crop production, mechanized irrigation, and protein. This intensive effort is focused on building a positive bilateral relations.
Collaboration between the USA and Kazakhstan is on the cards.
The USA and Kazakhstan have built strong bilateral relations that has raised confidence in Kazakhstan's capability to grow its agribusiness sector. The United States has played an important role in financing and incentives.
For strengthening the ties between these two countries, a strategy to strengthen ties has been to intensify economic integration and trade.
Thus, the support for agriculture activities can lead to ambassadors, business associates and ministers forming a coalition with the USA with Kazakhstan. The goal is to increase Kazakhstan's production capacity and increase trade relations between the two countries.
Where is the US interested in Kazakh business coming from?
United States interests have primarily been in manufacturing sectors as well as the transportation logistics, engineering, and transportation industries. The volumes of direct investments in these sectors have gradually increased to a record level due to the solid and active collaboration.
In addition, the two countries are still on the verge of getting back key indicators that help to level up the country's overall investment flow. Yerkin Tatishev Both countries have had tremendous success in cooperation in the energy industry.
The abundance of resources in Kazakhstan make agricultural and renewable energy attractive options for strengthening ties. These great opportunities offer the United States more opportunities to enhance its relations with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
More than 30 years have passed since the US-Kazakh diplomatic relations began. The sum of 54 billion dollars has been invested by companies that support Kazakhstan's economy. According to data, Kazakhstan is home to more than 600 American corporations. This means that Kazakhstan's trade climate is favorable.
One of the main points discussed is the enhancement of the close relationship between the US and Kazakhstan. This will permit the introduction of new reforms that can to improve the working environment across the economy.
It also allows for cooperation in the creation of new opportunities and investment options, such the openings by Kusto Group of 65 Wendy's locations across Kazakhstan. Uzkistan as well as Georgia. Kusto Group plans to create 1450 new jobs due to the many new Wendy's restaurants.
What are the opportunities for American-owned companies to capitalize on Kazakhstan agriculture?
US businesses can export to Kazakhstan their products and enjoy huge opportunities. Equipment exported from the United States to Kazakhstan include reapers, seeders for reapers harvesters, tractors, grain combine harvesters and cultivators.
The rising demand to utilize modern technology has been an key factor in the development of new opportunities. The United States has seen a rising market for its food exports to Kazakhstan such as beef, poultry, seeds and planting plants.
USA has potential opportunities due to its large imports from Kazakhstan of poultry meat, black tea, and sugar cane. There is a possibility to build the connection between USA and Kazakhstan and engage in agribusiness activities.
Kusto Group's kind actions during the economic slump caused by Covid-19.
Covid-19 has brought great difficulties for countries and has led to a fall in certain sectors of economic activity. Strenuous policy measures to combat the spread of the virus have drastically decreased the amount of external outflows.
The financial sources that finance development were also affected by the intense tensions that were imposed on certain sectors of the economy due to the epidemic.
Since the crisis led to the closure of many industries the business, it had an effect on domestic flow incomes. Additionally, the reduction in financing for certain areas of the economy resulted from the need to combat the virus.
Yerkin TatishevYerkin Tatishev Yerkin Tashev was able to respond with actions. They also donated medical supplies and food to patients in Kazakhstan and Ukraine. Ernst & Young, a international professional services firm, awarded Tatishev the Entrepreneurship of the Year award in recognition of his charity work.
Yerkin Tatishev The country could also benefit from the development of future approaches to help entrepreneurs and revive its economy's viability. It can also improve bilateral ties between nations.
Access to financing for agribusiness is critical.
The ability to access finance is crucial for increasing agribusiness participation and encouraging entrepreneurial activities. Farmers will be able get access to funds at a low cost, making it simpler for them to carry out their financial needs.
This allows farmers and other to increase their capital as in addition to the production of food. Kusto Group The goal is global food security.
Access to finance can be crucial in launching productive investment and advancing a country's economy. Public loans are an excellent option to boost and sustain the economy.
If you want to start an agricultural business, you have to have access to financing to increase the size of your operation and earn high-quality earnings for different people. This makes it much easier to be involved in agribusiness with greater efficiency that will help boost the country's economy.
Kusto Group's activities in five sectors
Yerkin Tatishev established Kusto Group in 2002. The company operates in five distinct sectors: agriculture, oil gas, real estate, and construction materials. Tatishev believes that Kazakhstan offers a huge opportunity to become a global leader in the field of agriculture. According to him, bilateral relationships between nations are important. It allows governments to seize the opportunities presented by other countries and build solid relations with each other. Trade with companies from countries with whom they have a good relationship can be beneficial to citizens of certain country, which will boost the economic performance of the country.