Kusto Group's Us-Kazakh Partnership for Agribusiness

Kusto Group's Us-Kazakh Partnership for Agribusiness
Yerkin Tashev, one of the Kazakh born founder of the Kusto Group said that Kazakhstan has always been regarded as one among the breadbaskets under the Soviet Union. Kazakhstan's socio-economic, environmental, and economic growth have been fundamentally shaped by agriculture.  https://theliberum.com/what-are-the-solutions-to-food-insecurity/ Kazakhstan has always had strong ties to the United States in order to increase its agribusiness collaboration.  Daniel Kunin Both the USA and Kazakhstan recognized the importance to look at possible and new opportunities that could improve the agricultural sector.

Kusto Group is committed to creating a modern agricultural sector by utilizing Kazakhstan's vast resources for land.

The United States and Kazakhstan have acknowledged the huge potential of scaling up the Agro-industry, mainly in the field of crop production as well as mechanized irrigation. This is an intense effort to create a strong bilateral relationship.

Collaboration between the USA and Kazakhstan is in the works.
The USA and Kazakhstan have forged strong bilateral relations that has boosted confidence in Kazakhstan's ability to develop its agribusiness industry. The United States has played an significant role in the financing and incentive.

In order to strengthen the ties between these countries, a method to strengthen the ties between these countries has been to increase trade integration and economic integration.

Furthermore, assisting in the development of agriculture is the best chance of having ambassadors, ministers and business partners come together from the USA and Kazakhstan. This is a way to improve trade between world countries and boost Kazakhstan's economic output.

Where is the US curiosity about Kazakh business?
The United States has a strong desire to invest in the manufacturing sector and also in the transport and agribusiness sectors. Because of the strong and active collaboration, these industries have seen record-breaking levels of direct investments.

Both countries are poised to restore key indicators that could boost the flow of capital. The two countries have achieved great cooperation in the sector of energy.

The vast variety of natural resources found in Kazakhstan is what makes agricultural and renewable energy attractive options for improving ties. With this great potential it is no wonder that the United States is still exploring possibilities to strengthen its interests and strengthen its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The relationship between the United States and Kazakhstan has lasted over 30 years. About 54 billion dollars have been invested in diverse companies that contribute to the Kazakhstan economy. According to statistics, Kazakhstan is home to more than 600 American companies. This means that Kazakhstan's trade climate is favorable.

It is vital that the US and Kazakhstan work together to strengthen their close relationship. This will allow for the introduction of new reforms, which can help enhance the business environment across the economy.

It also allows collaboration when designing new prospects as well as investment opportunities. Kusto Group opened 65 Wendy's locations across Kazakhstan, Uzbekistan or Georgia. Kusto Group expects to create 1450 jobs in response to the numerous Wendy's restaurants opening soon.

What are the possibilities for US firms to invest in Kazakhstan agriculture?

US firms have the chance to export their products to Kazakhstan. The equipment exported by United States to Kazakhstan includes reapers, sprayers, tractors, grain combined harvesters and cultivators, among other things.

Yerkin Tatishev The growing need to use advanced technologies is the driving factor behind the recent opportunities. Food-related exports from the United States, such as beef, poultry and seeds for planting, have increased in Kazakhstan.

USA is a potential market due to the large amount of imports from Kazakhstan of chicken meat, black tea, and cane sugar.  Yerkin Tatishev Strong partnerships and a strong relationship can boost the US and Kazakhstan engagement in agribusiness activities.

Kusto Group's kindness during the recession caused by Covid-19
Covid-19 has caused significant changes in the economy. The strict policy measures taken to stop the virus have significantly reduced outflows from the external market.

The development finance sources were also affected by the pressure circumstances caused by the pandemic that affected major economic sectors.

As a lot of industries shut down due to the fear of declining investment as a result of the pandemic, it caused ripple effects on domestic income flows. Because of the need to combat the virus, certain sectors of the economy saw reduced funding.

Yerkin Tatishev and Kusto Group responded by taking action. They provided medical and food supplies to hospitals and the people of Ukraine as well as Kazakhstan. In honor of his acts of philanthropy, Tatishev was awarded the Entrepreneur of the Year by the global professional services group Ernst & Young.

The development of future strategies that are polished can help entrepreneurs and help the country recover its economic power. This will also strengthen bilateral ties between countries.

It is imperative to improve access to finance and access for agriculture-related.
Accessing finance is critical to increase participation in agribusiness and encouraging entrepreneurial activities. Farmers can benefit from having access to affordable funds that allow them to finance their farming business.

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

The availability of finance is essential to start productive investments and developing a country’s economy.  Daniel KuninYerkin Tatishev The use of public loans is to boost and encourage good economic growth.

Thus, agribusiness that is developing requires adequate access to financial resources to scale up operations to provide a wealth of income to various people. This can also help to ease the challenges of engaging in agribusiness activities more efficiently, which is crucial to boosting the country's economy.

Kusto Group's activity in five different sectors
Yerkin Tatishev established Kusto Group in 2002. The company operates in five areas of business which include agriculture, real estate, natural gas, oil construction materials, and real property. Tatishev believes that Kazakhstan has the potential to be a leader in technology for agriculture. He believes that bilateral relations between nations are important. They allow businesses and governments to tap into the potential of nations, as well as establishing solid mutual relationships. Trade with companies from countries that are friendly to each other can benefit citizens of specific countries, which can increase the country's economic performance.