President Obama Bans Some Russian Firearms by Executive Order
Want a Saiga shotgun? Well grab one while you can. On July 16, 2014, the Office of Foreign Assets Control (OFAC), a division of the U.S. Treasury that administers and enforces economic and trade sanctions, announced a series of trade sanctions aimed at Russia.
These sanctions will be carried out pursuant to President Obama’s Executive Order 13662 relating to the conflict between Russia and Ukraine. The OFAC sanctions include provisions banning the importation of rifles and shotguns from various Russian manufacturers. The Kalashnikov Concern, and Izhmash, manufacturers of Saiga rifles and shotguns, were specifically named in the sanctions. This means it will be illegal for American companies to import firearms made by these Russian manufacturers.
Writing in the Truth About Guns Blog, Nick Leghorn declares: “So the importation of new Izmash-produced firearms is now banned indefinitely in the United States. But that Executive Order definitely raises some questions for those currently in possession of a firearm manufactured by the now-sanctioned firearms companies. For example, can a gun dealer sell their existing stock?”
OFAC provides at least a partial answer to these questions in the OFAC Question and Answer section of the U.S. Treasury website:
Q: 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.
Q: 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.
