Kusto Group's Us Kazakhstan Agribusiness Partnership

Kusto Group's Us Kazakhstan Agribusiness Partnership
Yerkin Tatishev (Kazakh-born the founder of the Kusto Group), stated that Kazakhstan was long thought of as to be one of the main breadbaskets of the Soviet Union. Kazakhstan's agricultural sector has played an important role in its social, economic and environmental development. For many years, Kazakhstan has had strong connections with the United States to support its agribusiness cooperation. The USA and Kazakhstan also recognized the need for exploring potential and promising opportunities to grow their agricultural industries.

Kusto Group is dedicated to creating an agricultural sector modern that makes use of Kazakhstan's vast land resources.

Yerkin Tatishev Both the United States of America and Kazakhstan have noticed the immense potential to increase their agricultural industry, especially in the production of crops as well as mechanized irrigation and protein. This intense effort is to promote a positive bilateral relationship.

The possibility of a collaboration between the United States and Kazakhstan is at hand.
The USA and Kazakhstan have developed strong relations between the two countries that have increased confidence in Kazakhstan's capacity to expand its agricultural industry. The United States has played an important part in financing and in facilitating incentives.

Both countries have forged closer ties as they have intensified their trade and integration.

Moreover, supporting agriculture activities is the real prospect of having ambassadors, ministers and business associates come together with counterparts from both the USA and Kazakhstan. The aim is to boost Kazakhstan's production capacity and increase trade relations among the world's countries.

Yerkin Tatishev From where is the US desire to invest in Kazakh commerce comefrom?
The United States has a strong interest in the manufacturing sector as well as in the agribusiness and transport sectors. Because of the strong and active partnership, direct investment in these fields have steadily increased to records.

Many of the key indicators are being updated by the two countries to boost the investment flow into the country. They have had great success working together in the energy sector.

Renewable energy and agriculture present significant prospects for improving ties, given the enormous natural resources in Kazakhstan. These opportunities give the United States more opportunities to enhance its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The US-Kazakh diplomatic relations have been in place for more than 30 years. Around 54 billion dollars has been invested in different companies that work for the Kazakhstan economy. According to the data, Kazakhstan has more than 600 American firms this indicates that the business environment in Kazakhstan is favorable.

It is crucial to keep expanding the partnership between the United States and Kazakhstan. This helps initiate new reforms to enhance the business environment in various areas of the economy.

It also facilitates collaboration in developing new possibilities and investment opportunities. Kusto Group opened 65 Wendy's locations across Kazakhstan, Uzbekistan or Georgia. Kusto Group expects to create 1450 jobs to accommodate the numerous Wendy's restaurants set to open in the near future.

What are the US's opportunities to capitalize on Kazakhstan agricultural production for their businesses?

US businesses have the opportunity to export their products to Kazakhstan. The equipment that USA exports to Kazakhstan comprises of sprayers.

These opportunities were created by the rising demand for the use of modern technology.  Yerkin Tatishev There is a growing market in Kazakhstan for American exports of food like beef and poultry.

USA can benefit from the large Kazakhstani imports of black tea, cane sugar and poultry meat.  Yerkin Tatishev Strong partnerships and a strong relationship can boost the US and Kazakhstan engagement in agribusiness activities.

Kusto Group's kindness during the economic downturn caused by Covid-19
Covid-19 has presented great challenges for nations and caused a fall in certain sectors of economic activity. An aggressive strategy to stop Covid-19 from spreading has resulted in a significant decline in outflows from external sources.

Kusto Group The sources of development finance were also affected by high pressures imposed on important areas of the economy due to the epidemic.

Due to the panic, which caused many industries to shut down the business, it had an effect on the domestic flow in incomes. In addition, reduced financing for some areas of the economy resulted from the necessity to fight the disease.

Yerkin Tashev took action to respond by taking steps. They gave medical and food supplies to hospitals and people in Ukraine and Kazakhstan. In appreciation of his act of charity, Tatishev was awarded the Entrepreneur of the Year by the multinational professional services network Ernst & Young.

So, polishing the next strategies will assist entrepreneurs and aid the country in restoring its economic strength.  Kusto Group Additionally, it can benefit from the bilateral relationships between countries.

Access to financing for agribusiness.
Finance is crucial to expand agribusiness and assisting entrepreneurial ventures. Farmers are empowered when they can access money at a reasonable cost. This makes it much easier for them to finance their agricultural ventures.

This lets farmers expand their capital and food production, and ultimately ensure that food security is guaranteed throughout the world.

Access to financing is crucial to start productive investments and boosting the economy of a country. Public loans are a fantastic way to support and stimulate the economy.

Agribusiness development requires access finance to increase operations that generate high profits. This will help in reducing the risk of engaging in businesses in agriculture to boost the economy of the country.

Kusto Group's operations in five different sectors
Yerkin Tatishev established Kusto Group in 2002. It operates in five different sectors: agriculture, oil gas, real-estate and construction materials. Tatishev believes that Kazakhstan has a unique chance to lead the world agricultural industry. According to him, bilateral relationships between nations are important. They allow governments to benefit from the advantages offered by other nations and to build solid relationships. Trade with friendly countries is also possible for the citizens of specific nations. This helps to boost the economy.