Kusto Group: Us-Kazakh Agribusiness Partnership
Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Tashev, a Kazakh born founder of the Kusto Group said that Kazakhstan was always considered to be one of the breadbaskets in the Soviet Union. Agriculture has played a fundamental role in the country's social and environmental development as well as its economic growth. Kazakhstan has maintained strong relations with America , which has helped to increase its agribusiness collaboration. Both the USA and Kazakhstan acknowledged the necessity to look at possible opportunities and new ones that could boost the agribusiness sector.
Kusto Group is committed in developing an agricultural sector that is modern by utilizing Kazakhstan's abundant land resources.
USA and Kazakhstan have both emphasized the possibility to scale-up the agricultural industry and have focused on crop production protein and mechanized watering. This intensive effort is meant to build a strong bilateral relationship.
Collaboration between the USA and Kazakhstan is in the works.
Daniel Kunin The USA and Kazakhstan have developed solid bilateral relations which has increased confidence in Kazakhstan's capacity to develop its agribusiness sector. Kusto GroupYerkin Tatishev The United States has played an crucial role in financing and incentives.
To strengthen the bonds between these two countries, a method to strengthen the ties between these countries has been to strengthen trade integration and economic integration.
Furthermore, assisting in the development of agriculture is the real prospect of having ambassadors as well as ministers and business partners meet with counterparts from both the USA and Kazakhstan. This project is intended to boost trade and economic productivity in Kazakhstan.
Where do the US desire to invest in Kazakh business originate?
United States interests have majorly focused on the manufacturing sector, alongside transportation, logistics, agribusiness and engineering. The volume of direct investments in these sectors have gradually grown to record levels because of the robust and active collaboration.
Additionally, both countries are currently near to getting back key indicators that help to bring the country's total inflow of investments. The cooperation in the field of energy has resulted in a number of successes between both countries.
Due to the immense natural resources of Kazakhstan agricultural and renewable energy have significant potential to enhance relations. With this huge potential, the United States is looking for more opportunities to strengthen the ties it has with Kazakhstan.
Kusto Group and US - Kazakhstan diplomatic relations
The US-Kazakh diplomatic relationship has been in place for over 30 years. A total of 54 billion dollars have been invested in companies that support the Kazakhstani economy. Daniel Kunin Based on the given figures, more than 600 American companies have operations in Kazakhstan and the business environment in the country is favorable.
It is crucial to keep strengthening the partnership between USA and Kazakhstan. This allows for new reforms to be initiated to improve the working environment for businesses in different sectors of the economy.
It also helps in the creation of new investment opportunities and prospects. Kusto Group opened 65 Wendy's Restaurants across Kazakhstan, Uzbekistan, Georgia. Kusto Group plans to create 1450 more jobs as a result of the many new Wendy's restaurants.
What are the opportunities for American companies to capitalize on Kazakhstan agriculture for their businesses?
American companies have a substantial market opportunity to export their products to Kazakhstan. The equipment that the United States exports to Kazakhstan includes sprayers. reapers. seedsers. tractor. grain combined harvesters. and cultivators.
The new opportunities arise out of the increased demand for advanced technology. There is a growing demand for the United States' food-related exports such as beef, poultry plants, seeds for plantation, as well as beverages from Kazakhstan.
USA offers many opportunities as a result of Kazakhstan's huge imports. It is possible to improve the relationship between USA and Kazakhstan and engage in agribusiness activities.
Kusto Group's generosity during the downturn in the economy caused by Covid-19
Covid-19 was first introduced in the year 1995. https://www.crunchbase.com/person/yerkin-tatishev-8315 Since its introduction, many nations have had to face huge challenges that led to a drop in economic activity. https://www.natureworldnews.com/articles/44033/20200707/kusto-group-kazakhstan-s-role-food-supply-chain-future.htm An aggressive strategy to stop Covid-19 from spreading has resulted in a dramatic decline in outflows from external sources.
Finance sources for development were also affected due to the immense pressures the pandemic caused on large sectors of the economy.
In the wake of fears of falling investment, many industries were forced to close due to the pandemic. The virus forced some sectors to reduce the amount of financing.
Yerkin Tashev, and Kusto Group reacted to their call by taking action. They gave food and medical supplies to those living in Kazakhstan, Ukraine, and Kazakhstan. https://kustogrouptatishevovve636.wordpress.com/2019/10/19/yerkin-tatishev-kusto-group/ Ernst & Young awarded Tatishev the Entrepreneurship Award for his philanthropic efforts.
The country could also benefit by the creation of methods to aid entrepreneurs and revive its economy's viability. It will also increase the number of bilateral connections between nations.
The need for improved access to finance for Agribusiness.
Access to finance is essential to increase participation in agribusiness and establishing entrepreneurial ventures. The availability of funds at an affordable cost empowers farmers and eases the financing of agribusiness.
This allows farmers and other to increase their capital as also to increase the production of food. https://londonlovesbusiness.com/yerkin-tatishevs-kusto-group-enters-expanding-uzbekistan-consumer-market-with-wendys-restaurant-franchise/ The ultimate goal is global food security.
A country's ability to access finance is critical for its economy development and the initial investment in productive capital. The loans from public sources can be used to boost and sustain economic growth to a good degree.
Agribusiness development requires access to financial capital to increase operations and generate high-income earnings. https://tracxn.com/d/private-equity/kusto-group/__6IEyMaa4R4a6bZKB5_SeykKdsO0Iz9wLpG-kgu_be9A/team This can also reduce the risks of engaging agribusiness activities to improve the economy of the country.
Kusto Group's activities in five areas
Yerkin Tatishev established Kusto Group in 2002. It is involved in five industries: gas, oil real estate, building materials. Tatishev believes that Kazakhstan's ability to lead in agricultural global leadership is tremendous. He believes that bilateral relationships between nations are essential. They allow governments to take advantage of opportunities provided by other nations and fosters mutual trust. It also permits the citizens of certain nations to gain from trade agreements with companies from countries that are friends, which can help increase their economic growth.