Molot

Sanctions Related to Ukraine Conflict Hit Firearms Manufacturer Molot and Their VEPR

vpo-205-00The US Treasury Department today released the latest round of sanctions going into effect surrounding the conflict in Ukraine.  These sanctions, which the department says underscore the U.S. commitment to a diplomatic solution to the crisis in Ukraine, are hitting close to home for fans of certain imported firearms.

The Department’s Office of Foreign Assets Control (OFAC) reinforced existing sanctions on Russia by designating a range of individuals and entities involved in the ongoing conflict under four Executive orders (E.O.s) related to Russia and Ukraine.  The sanctions, according to the release, will remain in effect “until Russia fully honors its obligations under the Minsk Agreements.

Along with 37 other entities, the list names Molot-Oruzhie, manufacturer of the popular VEPR series of firearms, including the AK-47-style VEPR-12 semi-auto shotgun, similar in appearance and function to the Kalashnikov Concern’s Saiga.

Molot Oruzhie, OOO is designated by the Treasury Department’s sanction list under the section of Designations Related to Officials of the Russian Government and Sanctions Evasion, which also targets five other entities pursuant to the previous White House’s 2014 Executive Order 13661, which authorizes sanctions on any individual or entity that has provided material or other support to persons operating in the arms or related materiel sector in the Russian Federation.

Specifically, the release reads:    Continue reading

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