OBS_VALUE: Pursuant to the Entrepreneurship Code, foreign investment activities in certain areas and/or territories can be limited or banned by Kazakh law due to national security considerations. National Security Law takes a broad definition of national security by encompassing “economic security and “public security. The RK monitors the use of the Kazakh economic objects by foreign owners for national security reasons. National security interests must be considered at the stage of conclusion of the contracts for the use of the RK strategic resources and during their implementation. Although not explicitly discriminatory, these provisions allow the State to bar the acquisition by foreigners of strategic objects, including the participation of foreign investors in the privatisation of certain assets. 