Us-Kazakh Agribusiness Partnership of Kusto Group

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tashev, a Kazakh born founder of the Kusto Group said that Kazakhstan has always been regarded as one among the breadbaskets under the Soviet Union. The country's socio-economic and environmental development has been heavily dependent on agriculture. Kazakhstan has had for a long time strong connections to the United States in order to enhance its cooperation in agribusiness. Furthermore both the USA and Kazakhstan each recognized the need to look into possible opportunities and perspectives that can help improve the agricultural industry.

Kusto Group is determined to develop a modern agricultural sector that can benefit from the vast land resources in Kazakhstan.

America and Kazakhstan have emphasized the potential for scaling-up the agriculture industry, with a focus on crop production protein and mechanized watering. This intensive effort is focused on building a positive bilateral relationship.

A cooperation between the United States and Kazakhstan is on the near future
The USA and Kazakhstan have been building trust in their agribusiness sector. The United States has played an significant part in financing and in facilitating incentives.

Daniel Kunin Both countries have forged closer ties as they have intensified their trade and integration.

Moreover, supporting agriculture activities is the best chance of having ambassadors ministers, business associates, and ambassadors join forces with counterparts from both the USA and Kazakhstan. This project is intended to improve trade and economic productivity in Kazakhstan.

Where did the US fascination come from? Kazakh business?
The United States has primarily invested in the manufacturing sector in addition to agribusiness, and transport logistics. These industries have witnessed record volumes of direct investments because of the robust and active collaboration.

They are also close to getting back key indicators that will increase the country's total investment flows. Cooperation in the energy sector has resulted in a number of successes between the two countries.

https://www.nasdaq.com/articles/valmonts-vmi-valley-irrigation-forms-jv-with-kusto-group-2021-01-14 The wealth of resources found in Kazakhstan provide the renewable energy and agriculture attractive options to strengthen ties. This huge potential means that the United States continues to look for ways to strengthen its relationships with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The relationship between the United States and Kazakhstan has lasted over 30 years. Different companies that are involved in the Kazakhstan economy have received investment that amount to 54 billion dollars. According to these statistics, more 600 American companies have operations in Kazakhstan. This shows that the country's economic environment is favorable.

The strengthening of the strong partnership between Kazakhstan and the USA remains a key element to be debated.  Yerkin Tatishev This allows for the introduction of new reforms which will increase the overall business environment across different industries.

It also permits cooperation in developing new opportunities and investment options like Kusto Group's opening of 65 Wendy's locations throughout Kazakhstan. Uzkistan as well as Georgia. Kusto Group expects to create 1450 jobs to accommodate the number of Wendy's restaurants opening soon.

What are the potential opportunities for US firms to capitalize on Kazakhstan agriculture?

The US has a significant market for its goods that are exported to Kazakhstan. The equipment exported by the United States to Kazakhstan includes reapers, sprayers, seeders and tractors, as well as grain combined harvesters and cultivators, in addition to others.

The new opportunities are a result of the increasing need for the latest technology. There is a growing demand for food-related products from the United States such as poultry cattle, seedlings, beef and beverages in Kazakhstan.

USA could benefit from the huge imports from Kazakhstan of black tea, sugar cane and chicken meat. This can be an opportunity to improve the way USA as well as Kazakhstan engage with agricultural business.

Kusto Group's generous actions in the wake of the economic downturn caused by Covid-19.
Kusto Group Covid-19 has brought great difficulties for nations and caused an increase in certain economic sectors. Strict policy measures to curb the virus have significantly decreased the amount of external outflows.

The immense pressures that were triggered by the pandemic on significant economic sectors also affected the sources of development finance.

Because many industries shut down due to fear of falling investment, the pandemic had an effect on domestic income flows. The virus was also a factor in the decrease of the amount of financing available for certain industries.

Yerkin Tashev and Kusto Group reacted to their call by taking action. They provided food, medical equipment, and other aid to the people of Kazakhstan as well as Ukraine. In honor of his acts of giving back, Tatishev was awarded the Entrepreneur of the Year award by the international professional services network Ernst & Young.

The country could also benefit from the development of new methods to aid entrepreneurs and restore its economic viability. Also, it can help to strengthen bilateral relations between countries.

Access to financing for agribusiness is crucial.
Access to financing is crucial for enhancing the inclusiveness of agribusiness and encouraging entrepreneurial ventures. Farmers can be empowered when they have access to funds at a reasonable cost which allow them to finance their agriculture business.

This allows farmers and other to boost their capital as well as food production.  Daniel Kunin The ultimate goal is global food security.

A country's ability to obtain finance is crucial to its economic development as well as the initial investment in productive capital. Public loans can boost and help boost economic growth at a very high level.

In order to develop an agribusiness, you need to have the right access to finance in order to expand operations and generate high-quality incomes for various individuals. This can also reduce the risk of engaging in Agribusiness to help improve the country’s economy.

Kusto Group's activities in five areas
Yerkin Tatishev established Kusto Group in 2002.  https://www.eubusiness.com/focus/daniel-kunin-of-kusto-group The company operates in five areas: agriculture, oil and gas, real estate, construction materials and energy. Tatishev believes that Kazakhstan has a tremendous opportunity to be a world-class leader in agriculture. He says bilateral relations between countries are crucial. It allows governments to seize the opportunities presented by other nations and establish solid relationships. Dealing with businesses from friendly nations can also benefit the residents of certain nations and boost the performance of the economy of the country.