Renowned businessman Yerkin Tatishev, the founder of Kusto Group, reaffirmed his commitment to promoting and preserving business opportunities in Kazakhstan at the recently concluded Shamal Festival 2023. The festival, which gathered 5,000 businesspeople from Kazakhstan, Kyrgyzstan, and neighboring countries, marked its first year in Kazakhstan after being held in Kyrgyzstan in the previous two years. With a focus on entrepreneurial cooperation, the Shamal Festival aims to form a community of business leaders from Central Asia through networking and the exchange of experiences.
How the Central Asian countries should cooperate
In his speech, Yerkin Tatishev emphasized the importance of Central Asian countries standing together in the face of challenging times. He highlighted the historical, geographical, and cultural closeness between Kyrgyzstan, Kazakhstan, and Uzbekistan, stressing the need to preserve the friendship and peace among these nations. Tatishev also emphasized the immense opportunities presented by a market of 80 million people in Central Asia, encouraging entrepreneurs to share experiences and collaborate for mutual success.
Yerkin Tatishev's multifaceted engagement at the festival demonstrated his dedication to fostering strong business ties across Central Asia. He advocated for sustainable development and emphasized the value of forums like the Shamal Festival in promoting economic cooperation and facilitating business exchange in the region. Tatishev actively networked with regional entrepreneurs, showing keen interest in their ventures and encouraging collaborative opportunities. His enthusiasm for the festival mirrored the attendees' excitement, highlighting the potential held by the Central Asian business community.
Kusto Group Board member: “No one should be afraid of change”
The article also highlights the participation of Murat Utemissov, a member of the Board of Directors at Kusto Group, who spoke about the importance of strengthening behavior in entrepreneurship and embracing change. The festival's focus on nomadism, with different locations each day, symbolized adaptability—an innate quality inherited from the nomadic ancestors—essential for successful business operations across diverse environments.
Sustainable growth and regional empowerment
Yerkin Tatishev's involvement in business forums like the Shamal Festival amplifies their impact, invigorating regional business relationships and fostering unity within the business community. His commitment to sustainable growth and regional empowerment resonates strongly within and beyond Kazakhstan, setting a precedent for business leaders worldwide. Through his active participation in the festival, Tatishev emphasizes the role of business exchange in societal development and the significance of nurturing regional business ties for future generations' prosperity.
As the Shamal Festival 2023 came to a close, anticipation for the next edition is already high, knowing that Yerkin Tatishev's ongoing dedication to fostering business relationships will continue to play a pivotal role in nurturing the growth and development of the Central Asian business community.
This article does not necessarily reflect the opinions of the editors or management of EconoTimes.


Bill Ackman’s Pershing Square Returns to Netflix With Major New Stake
Thyssenkrupp Raises 2026 Profit Outlook as Steel and Materials Units Strengthen
Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan
Paramount Skydance Clears Regulatory Hurdles for Warner Bros. Discovery Deal
Bernstein Picks BYD and Xiaomi as Top China EV Stocks Despite Weaker Demand
SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand
Bank of America to Buy Up to 49.9% Stake in Jio Credit for $1.92 Billion
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy
Australia’s Corporate Leaders Face Parliament Over KPMG Client Data Scandal
Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO
Pandora Shares Rise as Q2 Results Beat Forecasts, 2026 Outlook Raised
Ford to Move Some Lincoln Production From China to U.S. in 2030
Aviva First-Half Operating Profit Jumps 24% as Direct Line Deal Boosts Growth
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories
Antofagasta Shares Drop 5% as Miner Cuts 2026 Copper Production Forecast
Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center
ANZ Home Loan Applications Drop 12% After Australia Property Tax Changes 



