Kusto Group Us-Kazakh Agribusiness Partnership Kazakh born Kusto Group founder, Yerkin Tatishev, stated that Kazakhstan has long been considered one of the breadbaskets of the Soviet Union. https://londonlovesbusiness.com/yerkin-tatishevs-kusto-group-enters-expanding-uzbekistan-consumer-market-with-wendys-restaurant-franchise/ Kazakhstan's agriculture industry has played an important role in the country's economic, social and environmental growth. Kazakhstan has established strong connections to strengthen its collaboration in agribusiness with the United States for a long period of. The USA and Kazakhstan are also aware of the necessity of exploring possible and promising avenues to boost their agribusiness industries. Kusto Group is committed to developing a modern agricultural sector by utilizing the vast land resources of Kazakhstan. So, Kazakhstan and the United States have emphasized the huge potential to scale up the agriculture industry, particularly in crop production protein, as well as mechanized irrigation. This intense effort is to promote a positive bilateral relationship. A cooperation between the United States and Kazakhstan is on the in the near future The growing bilateral ties between USA and Kazakhstan have helped to boost confidence in the development of the agribusiness sector in Kazakhstan. Finance and incentives from the United States have played a important role in this. For strengthening the ties between these two countries, one strategy to strengthen ties has been to strengthen trade and economic integration. The only way to ensure that ambassadors from Kazakhstan as well as the USA, and ministers meet is to support agriculture-related activities. The main goal here is to boost Kazakhstan's production capacity and enhance trade among world countries. Where is the US desire to invest in Kazakh business originate? Daniel Kunin United States interests have primarily been in the manufacturing sector as well as the transportation logistics, engineering, and transportation industries. These sectors have experienced massive amounts of direct investment because of the partnership's strong and active assistance. They are also near to getting back key indicators that can help boost the flow of capital. Both countries have experienced tremendous success in cooperation in the energy industry. Due to the immense natural resources of Kazakhstan there are numerous opportunities to improve relations via energy sources and agriculture. This huge potential means that the United States is looking for new ways to improve its ties and improve its relationships with Kazakhstan. Kusto Group and US - Kazakhstan diplomatic relations More than thirty years have passed since the establishment of the US-Kazakh diplomatic relations began. Around 54 billion dollars have been invested into different companies that work for the Kazakhstan economy. According to the figures, more than 600 American firms operate in Kazakhstan and the business situation in the country is favorable. Strengthening the partnership between US and Kazakhstan remains a key aspect to be discussed. This will aid in implementing fresh reforms to will improve business conditions in various areas of Kazakhstan's economy. It allows for the development of new investment opportunities and prospects for Kusto Group, like opening of 65 Wendy's restaurants in Kazakhstan, Uzbekistan, and Georgia. Yerkin Tatishev Kusto Group plans to create 1450 additional jobs due to the numerous new Wendy's restaurants. What are the US's opportunities in Kazakhstan agriculture for their companies? US firms have the chance to export their products to Kazakhstan. The equipment that USA exports to Kazakhstan is made up of sprayers. These opportunities were created by the rising demand for the use of modern technology. There is an expanding demand for United States' food-related exports including beef, poultry plants, seeds for plantation, as well as beverages from Kazakhstan. USA has potential opportunities due to the large amount of imports from Kazakhstan of chicken meat, black tea and sugar cane. It is possible to improve the relationship between USA and Kazakhstan and also engage in agribusiness. Kusto Group's generosity during the economic slump due to Covid-19. Covid-19 has led to an important change in the economic landscape. A strict policy to stop Covid-19 from spreading has led to a substantial decline in outflows from external sources. The sources of development finance have were also affected by the severe tensions brought on by the pandemic that afflicted vast segments of the economy. Since most industries were shut down by fear of investment falling and the spread of the virus affected national income flows. Kusto Group In addition, reduced financing for some industries was due to the necessity to fight the spread of the virus. https://landmatrix.org/media/uploads/bloombergcomresearchstocksprivatesnapshotaspprivcapid264558726.pdf Yerkin Tashev was able to respond with actions. They provided food and medical supplies to those living in Kazakhstan, Ukraine and Kazakhstan. In recognition of his act of giving back, Tatishev was awarded the Entrepreneur of the Year by the multinational professional services network Ernst & Young. The nation can also gain from the development of new approaches to help entrepreneurs and restore its economic viability. It will also leverage bilateral relations between nations. The need to increase access to financing for agribusiness. Accessing finance is critical to increase participation in agribusiness and encouraging entrepreneurial ventures. Farmers can gain confidence by having access to affordable funds which allow them to finance their farming business. This allows farmers and other to increase their capital as in addition to food production. The objective is global food security. It is crucial to improve the access to financial services in order to enable productive investment to be made and the country's economy developed. Public loans are an excellent option to boost and sustain the economy. To grow agribusiness, is essential to be able to finance to allow for expansion of operations which can generate large-scale incomes for many people. This makes it much easier to participate in agribusiness in more efficient ways that can help improve the country’s economy. Kusto Group's activity in five areas Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates across five different areas: agriculture gas, oil real estate, construction, and building materials. Tatishev believes Kazakhstan has a unique chance to lead the global agricultural industry. He believes that bilateral relations are very important. This allows governments to benefit from the advantages offered by other countries , and also to establish strong relationships with each other. In addition, residents of specific countries benefit from trading with businesses from other countries who are friendly that will boost the economy of the country.
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