New Executive Order Places Sanctions On All Kalashnikov Concern Products

I’m sure you’ve already heard the news but in case some of you haven’t a new executive order was issued that effects gun owners. Obama, as part of his pissing match with Putin, has placed further sanctions on Russia included all Kalashnikov Concern products:

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]

There goes Saiga rifles and shotguns as well as Vepr rifles. This prohibition isn’t retroactive, most likely because enforcing such a thing would be impossible, so if you already own a Saiga shotgun or rifle you can keep it (unlike your health insurance). But importing new ones is strictly verboten so supplies will go down and prices will go up.

All of this because our government feels as though it absolutely must get into another conflict with Russia.