BREAKING: Obama Issues Executive Order That May Affect Russian Ammo/Weapons Availability
If you follow the news at all (if you read this site I’m nearly positive you do), you’re aware of the situation in Ukraine and Russia’s activities there.
Today, in relation to Russia’s actions in Ukraine, President Obama issued an executive order which was made to sanction Russia economically.
Of particular interest to those of us in the shooting industry and community is the following part of the executive order (emphasis mine):
Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person (including any foreign branch) of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:
(i) the persons listed in the Annex to this order; and
(ii) persons determined by the Secretary of the Treasury, in consultation with the Secretary of State:
(B) to operate in the arms or related materiel sector in the Russian Federation;
It sounds like, based on this wording (and I am not a lawyer) that this could certainly affect import companies’ ability to get their hands on Russian ammo and weapons. As I understand it, as of right now, the EO only affects certain individuals who are thought to be connected to the Russia/Ukraine conflict. However, it does appear the scope of the EO can be revised to be more broadly interpreted very easily as well.
Russia is one of the top foreign sources for inexpensive ammunition and AK variant rifles/pistols. Fortunately, the centerfire ammunition market has rebounded solidly in the last 3-4 months so even if Russian ammo is cut off I doubt we’ll see a shortage like we saw in early 2013.
You can read the full executive order at The White House website.