Kusto Group: Us-Kazakh Agribusiness Partnership

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Takishev, who was born in Kazakhstan and is the founder and director of Kusto Group, stated that Kazakhstan has long been regarded as one of the main breadbaskets for Soviet Union. Agriculture has played a significant contribution to Kazakhstan's economy and environmental growth. For a long time, Kazakhstan has been able to strengthen its agribusiness partnership with the United States. In addition, the USA and Kazakhstan each recognized the necessity of exploring possibilities and perspectives that could help boost the agribusiness industries.

Kusto Group is committed in developing a modern agricultural sector, using Kazakhstan's rich land resources.

Therefore, Kazakhstan and the United States have recognized the enormous potential for scaling up the agriculture industry, particularly in the production of crops protein and mechanized irrigation. Daniel Kunin This intense effort is intended to establish a great bilateral connection.

The US-Kazakh collaboration is on the horizon
The USA and Kazakhstan have built trust with Kazakhstan's agribusiness industry. The incentives as well as the financial support from the United States played a crucial part.

To enhance relationships between these two nations, it has been a priority to deepen economic integration as well as trade.

The support of agriculture is another option to boost the odds of ambassadors, ministers and business associates from Kazakhstan and the USA coming together. The objective is to boost Kazakhstan’s economic production and improve trade relations between countries.

What was the source of US fascination come from? Kazakh business?
United States interests have majorly focused on the manufacturing sector, alongside agribusiness, transport, logistics and engineering. These industries have witnessed record volumes of direct investments because of the strong and ongoing partnership.

Yerkin Tatishev They are also close to returning key indicators to boost the flow of capital into the country. They have seen great results working together in the energy sector.

A vast array of natural resources found in Kazakhstan makes the renewable energy and agriculture attractive options for strengthening ties. 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
It has been more than 30 years since the US and Kazakhstan established an official relationship. Around 54 billion dollars has been invested in companies which support Kazakhstan's economy. According to statistics, Kazakhstan has more than 600 American businesses this indicates that the business environment in Kazakhstan is favorable.

Enhancing the strong partnership between US and Kazakhstan is still a critical factor to be considered. This permits the introduction of new reforms that will enhance the business environment across various economic sectors.

It ensures that everyone is engaged in the development of new opportunities and investment opportunities, including Kusto Group's plans to open the 65-Wendy's Restaurant throughout Kazakhstan as well as Uzbekistan. Kusto Group has 1450 job possibilities in mind for the numerous Wendy's restaurants that will soon be open.

What opportunities are there for the United States to capitalize on Kazakhstan agricultural production for their firms?

Companies from the United States are in a great position to export their products to Kazakhstan. Equipment exported to Kazakhstan by the United States includes sprayers. reapers. seedsers. tractors.

The main reason for the growth of new opportunities is the necessity for the latest technology. Food-related exports from the United States, such as beef, poultry, and seeds for plantation, have seen an increase in Kazakhstan.

USA has many potential business opportunities due to Kazakhstan's large imports including cane sugar as well as poultry meat, and black tea. This is why the great relations and solid partnerships could enhance the ways in which USA and Kazakhstan participate in agribusiness activities.

Kusto Group's generous acts in the midst of economic recession caused by Covid-19.
Yerkin Tatishev Covid-19 has brought about an important change in the world's economic environment. An aggressive strategy to stop the virus from spreading has resulted in a dramatic decline in outflows from external sources.

High pressures indicted by the pandemic that affected large sectors of the economy also affected the sources of development finance.

The flow of income in the country was also affected by the outbreak. Many industries were shut due to fear of investment losses. The virus caused some industries to reduce the amount of financing.

Yerkin Tatishev and Kusto Group responded by taking action. They donated food and medical supplies to the people of Kazakhstan, Ukraine, and Kazakhstan. In recognition of his act of charity, Tatishev was awarded the Entrepreneur of the Year award by the global professional services group Ernst & Young.

Daniel Kunin This will help entrepreneurs in the country and help its economy recover. It will also help to increase the ties between the two nations.

There is a need for a greater access to finance for Agribusiness.
Access to finance is crucial for promoting agribusiness inclusion and advancing entrepreneurial ventures. Having available funds at an affordable price helps farmers and facilitates the financing activities of agricultural businesses.

This helps farmers expand their capital and increase food production and ultimately, this is the objective of ensuring global food security.

The ability of a country to get finance is vital for its economy development and initial productive investment. Public loans can stimulate and support the growth of the economy at a high level.

If you want to start an agricultural business, you have to have the right access to finance in order to expand operations and earn high-quality earnings for different individuals. This will help ease the difficulties of participating in agribusiness in better ways that are crucial to boosting the country's economy.

Kusto Group's activity across five different sectors
Yerkin Tatishev established Kusto Group in 2002. The company is active in five sectors: agriculture oil, gas, real estate, and building materials. Tatishev believes Kazakhstan is a fantastic place to be a global leader in agriculture. He believes that bilateral relationships between nations are vital. They allow businesses and governments to harness the potential of countries and create solid mutual relations. Kusto Group Citizens of the country can also profit from trade of goods and services with companies from other nations. This will boost its economy.