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KUSTO GROUP: US-KAZAKH AGRIBUSINESS PARTNERSHIP

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07 March 2023

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Kusto Group's Us-Kazakh Agribusiness Partnership

Yerkin Tatishev (Kazakh-born founder of Kusto Group), stated that Kazakhstan was
long thought of as one of the breadbaskets in the Soviet Union. When it comes to
the development of Kazakhstan as well as its social and economic wellbeing
agriculture has played an important role. Kazakhstan has maintained strong
connections with America to help boost its collaboration in agribusiness. In
addition both the USA and Kazakhstan both recognized the need to look into
possibilities and perspectives that could help increase the growth of the
agribusiness industry.



Kusto Group Kusto Group is committed to creating a modern agricultural sector by
utilizing the vast land resources of Kazakhstan.





The United States and Kazakhstan have both highlighted the huge potential for
scaling the agricultural industry, including in crop production protein and
mechanized watering. This intense effort is to promote a positive bilateral
relationship.



US-Kazakh collaboration on the horizon

The USA and Kazakhstan have built solid bilateral relations which has boosted
confidence in Kazakhstan's ability to grow its agribusiness sector. Financial
incentives and incentives from the United States have played a significant part
in this.





https://www.ebay.co.uk/p/88168035 A strategy for strengthening the ties between
the countries has included more trade and economic integration.



Moreover, supporting agriculture activities is the most likely way of seeing
ambassadors, ministers, and business associates from the USA and Kazakhstan. The
principle behind this initiative is to improve Kazakhstan's production and trade
with the world.



Where does the US fascination with Kazakh business originate?



The United States has a strong commitment to the manufacturing industry as well
as in the transportation and agribusiness industries. These sectors have
witnessed huge amounts of direct investments because of the partnership's active
and solid assistance.



Certain indicators are being updated by the two countries to help boost the flow
of investment into the country. The two countries have experienced great success
in the field of energy.



The vast resources available in Kazakhstan makes the renewable energy and
agriculture attractive options for strengthening ties. The United States
continues to explore new ways to strengthen its ties with Kazakhstan, despite
this huge potential.





Kusto Group and US - Kazakhstan diplomatic relations

It has been more than 30years since the US and Kazakhstan signed relations
diplomatically. Around 54 billion dollars has been invested in different
companies that work for the Kazakhstan economy. According to data, Kazakhstan is
home to more than 600 American corporations. This means that the business
climate in Kazakhstan is favorable.



A key element of discussion is to strengthen the strong partnership between
US-Kazakhstan. This will allow for the introduction of reforms that will help
improve the business environments in different parts of the economy.





It ensures that everyone is involved in the design of new business opportunities
and investment opportunities, such as Kusto Group's opening the 65-Wendy's
Restaurant throughout Kazakhstan and Uzbekistan. Kusto Group plans to create
1450 new jobs due to the new Wendy's restaurants.



What are the possibilities for US companies to make investments in Kazakhstan
agriculture?



US businesses have a huge market for their products that they export to assist
Kazakhstan agriculture. The equipment exported by United States to Kazakhstan
includes reapers, sprayers and tractors, as well as grain-combined harvesters
and cultivators, in addition to other items.





The opportunities for these were made possible by the rising demand for the use
of modern technology. The United States has seen a increasing demand for its
food-related exports to Kazakhstan which includes poultry, beef, seeds and
planting plants.



Yerkin Tatishev USA could benefit from the huge imports of Kazakhstan poultry
meat, sugarcane, and black tea. A strong partnership and a solid connection can
increase the US and Kazakhstan engagement in agribusiness.





Kusto Group's benevolent actions during the economic slump caused by Covid-19's
ill-fated policies.

Covid-19 was released in 1995. Since it was introduced numerous countries have
been confronted with enormous challenges that led to a drop in economic
activity. Thanks to the strict policy guidelines which have thwarted the virus,
it has been limited in spreading. It has led to an important decrease in
external outflows.



The pressures that were created by the pandemicthat affected large parts of the
economy negatively affected the sources of financing for development.



https://www.goodreads.com/topic/show/20765836-yerkin-tatishev-kusto-group In the
wake of fears of a decline in investment, a number of industries were forced to
shut down because of the pandemic. The necessity to fight the disease led to a
reduction in the amount of money that was lent to certain sectors of economics.



Yerkin Tashev and Kusto Group reacted to their request by responding with
action. They donated medical and food items to the people of Kazakhstan, Ukraine
and Kazakhstan. Ernst & Young, a multinational company that provides
professional services was awarded Tatishev the Entrepreneurship of the Year
award to recognize his charitable acts.



This will assist entrepreneurs and help the country in its economic revival.
Additionally, it can benefit from bilateral connections between countries.



Access to finance for agricultural businesses is crucial.

Access to finance is crucial in promoting the inclusion of agribusinesses and
advancing entrepreneurial ventures. Farmers will be able to access funds at a
reasonable cost, making it much easier for them to manage their financial needs.



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



To grow an economy in a country and invest in productive ways it is essential to
increase access finance. The use of public loans is to boost and encourage good
economic growth.



So, any agribusiness in development requires the right access to financing for
expansion of operations in order to provide a wealth of income to various
people. This will help in reducing the risks of engaging Agribusiness to help
improve the economy of the country.



Kusto Group's activities in five areas

Yerkin Tatishev established Kusto Group in 2002. Kusto Group is involved in five
different areas including gas, oil, real estate as in building materials.
Tatishev believes Kazakhstan has a unique chance to lead the global agricultural
sector. He believes bilateral ties between nations are important. They allow
governments to benefit from the opportunities provided by other countries , and
also to establish solid mutual relations.
https://www.thehouseshop.com/property-blog/yerkin-tatishevs-kusto-group-constructs-new-european-style-housing-complex-in-kazakhstan/
It also allows citizens of certain countries to benefit from trade with
businesses from other countries that can to boost their economies.



Homepage:
https://www.goodreads.com/topic/show/20765836-yerkin-tatishev-kusto-group



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