Kusto Group: Us-Kazakh Agribusiness Partnership

Kusto Group: Us-Kazakh Agribusiness Partnership
Yerkin Tatishev (Kazakh-born founder of the Kusto Group), stated that Kazakhstan has been long considered to be one of the main breadbaskets in the Soviet Union. When it comes to the development of Kazakhstan as well as its social and economic wellbeing agriculture has played a key function. For a long time, Kazakhstan has had strong relations with the United States to support its agribusiness cooperation.  https://www.nytimes.com/1958/02/04/archives/promising-debut-daniel-kunin-minneapolisborn-pianist-proves-himself.htmlKusto Group The USA and Kazakhstan were also aware of the necessity to look at potential and potential opportunities to improve the agribusiness business industry.

Kusto Group is committed to the development of a modern agricultural industry by utilizing Kazakhstan's vast resources for land.

The United States and Kazakhstan have acknowledged the huge potential to scale up the Agro-industry, mainly in the production of crops as well as mechanized irrigation. This massive effort is directed towards creating an excellent bilateral relations.

Daniel Kunin A possible collaboration between the US and Kazakhstan is on the horizon
The USA and Kazakhstan have built trust with Kazakhstan's agribusiness industry. This is made possible by the United States' financial and incentive programs.

The two countries have forged closer ties as they have intensified their trade and economic integration.

In addition, the assistance of agriculture activities offers the possibility for ambassadors, ministers and business partners from Kazakhstan and USA to meet.  Yerkin Tatishev The fundamental idea is to improve the economic performance of Kazakhstan and increase trade between countries all over the world.

Where did the US interest come from in Kazakh business?
United States interests are mainly in the manufacturing and logistics sectors, along with transportation, agribusiness and engineering. These sectors have experienced record volumes of direct investments because of the robust and ongoing partnership.

They are also on the verge of returning key indicators, which will increase the country's total investment flows. They have had great success working with each other in the field of energy.

The vast resources available in Kazakhstan make agriculture and renewable energy appealing options for strengthening relations. These huge opportunities provide the United States more ways to increase its connections and strengthen relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It's been more than 30 years since the US and Kazakhstan began a diplomatic relationship. More than 54 billion dollars have been invested into different companies that work for the Kazakhstan economy. According to the statistics, more than 600 American firms operate in Kazakhstan, meaning the trade environment in the country is favorable.

Strengthening the partnership between US and Kazakhstan is still a critical aspect to be discussed.  Yerkin Tatishev This gives Kazakhstan the chance to begin fresh reforms to improve the business environment for different sectors of Kazakhstan's economy.

It also allows for collaboration in the development of new opportunities and investment options like the opening of 65 Wendy's restaurants throughout Kazakhstan. Uzkistan as well as Georgia. In response to the many coming Wendy's establishments, Kusto Group anticipates creating 1450 new jobs.

What is the US company's options for Kazakhstan agriculture?

Companies from the United States have a substantial market opportunity to export their products to Kazakhstan. Equipment exported from the United States to Kazakhstan include reapers seeders, sprayers harvesters tractor grain combine harvesters, grain combine harvesters and cultivators.

The main reason for the rise of new opportunities has been the requirement for advanced technology. There is a growing market in Kazakhstan for American exports of food like beef and poultry.

USA could be a great opportunity due to the large amount of imports from Kazakhstan of chicken meat, black tea and sugar cane. A strong partnership and a solid connection can increase the US and Kazakhstan participation in agricultural activities.

Kusto Group's generosity in the downturn in the economy caused by Covid-19
Covid-19 was released in 1995. Since then, many countries have faced enormous challenges which led to a decline in the level of economic activity. The level of external outflows was significantly reduced due to the strict policy measures introduced to cap the spread of the virus.

The financial sources that finance development were also affected by the high pressures placed on key economic sectors due to the epidemic.

The effects of the pandemic on income flows was felt in various ways. Many industries were shut down in fears of losing investment. The virus caused some industries to cut down on the amount of financing.

Yerkin Tashev as well as Kusto Group responded to the demand and took action. They gave food, medical equipment as well as other assistance to people in Kazakhstan as well as Ukraine. Ernst & Young, a multinational company that provides professional services has awarded Tatishev the Entrepreneurship of the Year award to recognize his acts of charity.

Therefore, enhancing the future approaches can help support entrepreneurs and the country in restoring its economic strength. It can also help improve the bilateral relations between the two nations.

It is necessary to improve access to finance for agricultural business.
Access to finance is essential in enhancing agribusiness inclusiveness and encouraging entrepreneurial ventures. Farmers can be empowered , and their financing made simpler with funds that are available at a cost-effective rate.

This allows farmers to increase their food production and capital investment, which is ultimately the goal of ensuring global food security.

Improving access to finance is crucial in launching productive investment and advancing an economy.  Daniel Kunin The loans from public sources can be used to boost and sustain economic growth to a satisfactory degree.

Yerkin Tatishev In order to develop agribusiness, it is necessary to be able to finance to allow for expansion of operations that can provide large-scale earnings for many people.  Yerkin Tatishev This will make it easier to participate in agribusiness with a focus that is more profitable for the country's overall economy.

Kusto Group's activities across five areas
Yerkin Tatishev established Kusto Group in 2002. Kusto Group operates across five sectors: agriculture oil and gas, real estate, construction materials, and also energy. Tatishev believes that Kazakhstan offers a huge opportunity for global leadership in the field of agriculture. He believes that bilateral ties between the two countries are significant. They allow governments to benefit from the opportunities offered by other nations and develop solid mutual relationships.  Daniel Kunin Trade with companies from nations that are friendly can be beneficial to citizens of certain countries, which will increase the country's economic performance.