Those sources I've found report that Kazakhstani bailiffs put an arrest to Russian property (basically they can't move it out of the country) and forbade some manager to leave country as well. I'm not sure if English meaning of word seizure includes those actions, I thought that seizure is more like expropriation and that's not what happening here.
I think that's not serious. It's either some politics or just bureaucracy. While Kazakhstan is not fully supporting Russia, turning away from it seems like an economic suicide.
On the other hand, not turning away from it might be literal suicide.
Serbia: 63.08 billion USD (2021)
Kazakhstan: 197.1 billion USD (2021)
Hungary: 181.8 billion USD (2021)
Per google, sources include World Bank.
Obviously they're not going to cut all ties, but it's a good time for Kazakhs (or any other ex-Soviet population still in the Russian orbit) to renegotiate contracts. The bear is in a position of weakness both on diplomatic, economic, and military terms.
> A claim upon a part of another's property that arises because of an unpaid debt related to that property and that operates as an encumbrance on the property until the debt is satisfied.
Almost everywhere there is an absolutely identical text, without sources.
I couldn't find anything remotely similar in .kz
How so?
60% of the Kazahk economy is from oil and gas.† It's not like it's exporting that stuff to Russia.
† https://en.wikipedia.org/wiki/Kazakhstan#/media/File:Kazakhs...
For example, IKEA stores in Russia ordered furniture by their designs from local makers. This was imported in KZ. Now they're gone, and IKEA items are either brought from Turkey, or the Russian factories started making something roughly similar, but it's not branded/quality controlled.
Some imports (from China or even Turkey) went via Russian logistics as well, and only the last year started to be re-routed.