Ex Order 13662 banned the importation of some Russian guns

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Jer
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Ex Order 13662 banned the importation of some Russian guns

Post by Jer » Thu Jul 17, 2014 7:29 pm

The Obama Administration via Executive Order 13662 has placed new sanctions against Russian products and companies which operate within the United States. These sanctions specifically target the makers of Saiga rifles and shotguns, as well as the importation of Izmash firearms.

According to the White House Treasury page, the following products have been added to OFAC’s (Office of Foreign Assets Control) SDN List:
KALASHNIKOV CONCERN (a.k.a. CONCERN KALASHNIKOV; a.k.a. IZHEVSKIY MASHINOSTROITEL’NYI ZAVOD OAO; f.k.a. IZHMASH R&D CENTER; f.k.a. JSC NPO IZHMASH; f.k.a. NPO IZHMASH OAO; a.k.a. OJSC CONCERN KALASHNIKOV; f.k.a. OJSC IZHMASH; f.k.a. SCIENTIFIC PRODUCTION ASSOCIATION IZHMASH JOINT STOCK COMPANY), 3, Derjabin Pr., Izhevsk, Udmurt Republic 426006, Russia; Registration ID 1111832003018 [UKRAINE2].
The importation of Izmash firearms are now indefinitely banned in the United States. This raises some questions for those who currently own a firearm now on the list of banned products. Outlined below are some frequently asked questions from the Department of Commerce page:
374. If I own a Kalashnikov product, is that product blocked by sanctions? Am I able to resell a Kalashnikov product at a gun show or other secondary market?

If a U.S. person is in possession of a Kalashnikov Concern product that was bought and fully paid for prior to the date of designation (i.e., no payment remains due to Kalashnikov Concern), then that product is not blocked and OFAC sanctions would not prohibit the U.S. person from keeping or selling the product in the secondary market, so long as Kalashnikov Concern has no interest in the transaction. New transactions by U.S. persons with Kalashnikov Concern are prohibited, however, and any property in which Kalashnikov Concern has an interest is blocked pursuant to OFAC’s designation of Kalashnikov Concern on July 16, 2014. If a U.S. person has an inventory of Kalashnikov Concern products in which Kalashnikov Concern has an interest (for example, the products are not fully paid for or are being sold on consignment), we advise that U.S. person to contact OFAC for further guidance on handling of the inventory. [7-16-2014]

375. If I have Kalashnikov products in my inventory, can I sell them?

If a U.S. person has an inventory of Kalashnikov Concern products in which Kalashnikov Concern has an interest (for example, the products are not fully paid for or are being sold on consignment), we advise that U.S. person to contact OFAC for further guidance on handling of the inventory. [7-16-2014]

We all saw this coming, but the reality is always more confusing and distasteful than the perception. There is no word at this time whether additional Russian firearms related manufacturers will get the same treatment.
If you own any of these firearms, it would be advised to contact OFAC for further guidance, as the new law is rather ambiguous.
Those who make peaceful revolution impossible will make violent revolution inevitable.
--John F. Kennedy

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