Us-Kazakh Agribusiness Partnership with Kusto Group

Us-Kazakh Agribusiness Partnership with Kusto Group
Kazakh born Kusto Group founder, Yerkin Tatishev, said that Kazakhstan was for a long time one of the breadbaskets in the Soviet Union.  Kusto Group The country's socio-economic and environmental progress has been largely influenced by agriculture. Kazakhstan has long had strong connections to the United States in order to increase its agribusiness collaboration. In addition both the USA and Kazakhstan have both acknowledged the necessity of exploring potential opportunities and perspectives that could help improve the agricultural industry.

Kusto Group is committed in creating a modern agricultural industry that utilizes Kazakhstan's extensive land resources.

Both the United States of America and Kazakhstan have noticed the immense potential to increase their agriculture industry, particularly in crop production and mechanized irrigation and protein. This is a huge effort to create a strong bilateral relationship.

A partnership between the US and Kazakhstan is on the horizon
The USA and Kazakhstan are establishing trust in Kazakhstan's agricultural sector. These incentives and financial assistance by the United States played a crucial part.

A strategy for strengthening the ties between the countries has included a deeper trade integration as well as economic integration.

The real possibility of seeing ambassadors from Kazakhstan, the USA as well as ministers gather will be in assisting agriculture. The main goal here is to improve the production of Kazakhstan's economy and increase trade relations between countries around the world.

Where is the US interest in Kazakh commerce come?
Yerkin Tatishev United States interests have majorly been in the manufacturing sector, alongside agribusiness, transport, logistics and engineering. Thanks to the robust and active partnership, direct investment in these fields have steadily increased to the highest levels.

Both countries are on the verge to revive key indicators that can boost the flow of investment. Both countries have had an impressive cooperation in the area of energy.

Due to the immense natural resources of Kazakhstan, agriculture and renewable energy have a significant potential to improve ties.  Yerkin Tatishev The United States continues to explore new ways to strengthen its ties with Kazakhstan despite this enormous potential.

Kusto Group and US - Kazakhstan diplomatic relations
Over 30 years have passed since the US-Kazakh diplomatic relationship began. A total of 54 billion dollars have been invested in companies which contribute to the Kazakhstani economy. According to the statistics more than 600 American firms operate in Kazakhstan. This shows that the country has a favorable trading environment.

The strengthening of the strong relationship between Kazakhstan and the USA is a topic to be discussed. This permits the introduction of new reforms which will enhance the business environment across all areas of Kazakhstan's economy.

Yerkin Tatishev It allows for the development of new investment opportunities and prospects like Kusto Group's opening of 65 Wendy's restaurants across Kazakhstan, Uzbekistan, and Georgia. To accommodate the numerous upcoming Wendy's restaurants, Kusto Group anticipates creating 1450 new jobs.

What are the chances for US companies to invest in Kazakhstan agriculture?

US firms have a significant potential for their goods that they export to aid Kazakhstan agriculture. The equipment exported by United States to Kazakhstan includes reapers, sprayers tractor, grain-combined harvesters and cultivators, among other things.

These opportunities were created due to the increasing demand to use modern technologies. The United States has seen a growing market for its food-related exports to Kazakhstan such as beef, poultry, seeds and planting plants.

USA will benefit from the high imports of Kazakhstan poultry meat, sugarcane and black tea. A strong partnership and a solid relationship can boost the US and Kazakhstan participation in agribusiness activities.

Kusto Group's generosity during the recession caused by Covid-19
Covid-19 has presented great challenges for nations and caused a fall in certain economic sectors. A strict policy to stop the virus from spreading has resulted in a significant reduction in the flow of external capital.

High-pressures that were attributed to the pandemic on significant economic sectors also affected the sources of development finance.

The effects of the pandemic on the flow of income was evident in various ways. Many industries closed down because of the fear of losing investments. Due to the necessity of fight the virus, specific areas of the economy experienced reduced financing.

Yerkin Tatishev and Kusto Group responded by taking actions. They donated medical and food items to hospitals as well as people in Ukraine and Kazakhstan. Ernst & Young, a international professional services firm has awarded Tatishev the Entrepreneurship of the Year award in recognition of his charitable acts.

So, polishing the future approaches can help aid entrepreneurs as well as the nation in restoring its economic strength. It will also help to strengthen bilateral relationships between countries.

There is a need to increase access to financing for Agribusiness.
Access to finance is crucial for promoting agribusiness inclusion and advancing entrepreneurial ventures. Farmers can be empowered when they have access to the funds they require at a low cost. This allows it to be simpler for them to finance their agribusiness ventures.

This allows farmers to increase capital and produce more food which is the main goal to ensure food safety across the world.

The country's ability to access finance is critical to its economic development as well as the initial investment in productive capital. Public loans are an excellent way to support and stimulate the economy.

So, any agribusiness in development requires the right access to financing for expansion of operations in order to generate far-reaching incomes for various individuals.  https://www.jpost.com/special-content/yerkin-tatishevs-kusto-group-invests-in-tambours-expansion-reaching-new-levels-of-success-633158 This makes it much easier to be involved in agribusiness in more efficient ways that can help improve the country’s economy.

Kusto Group's activities in five different 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 has the potential to become a world-class leader in the field of agricultural technology. He believes that bilateral relations are vital. They allow businesses and governments to tap into the potential of nations, as well as establishing solid mutual relationships. Commerce with friendly countries is also possible for the citizens of specific nations. This will help to boost the economy.