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ENF 42112
JUL 16 2014
NOTIFICATION OF BLOCKING OF A THIRD PERSON
Eldad Oz
President
RWC Group, LLC
911 William Leigh Drive
Tullytown, PA 19007
Dear Mr. Oz:
The U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") would like to inform you that on July 16, 2014, OFAC designated Concern Kalashnikov, formerly known as IZHMASH (the "Designated Party"), pursuant to Executive Order 13661 of March 16, 2014, "Blocking Property of Additional Persons Contributing to the Situation in Ukraine" ("E.O. 13661"), which was issued under the authority of the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701-1706 ("IEEPA"). E.O. 13661 is implemented pursuant to the Ukraine-Related Sanctions Regulations, 31 C.F.R. part 589 and the Reporting, Procedures and Penalties Regulations, 31 C.F.R. part 501 (collectively, the "Regulations"). Please find...
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1) Refer to Case No. Ukraine2-2014-311316-1 for consolidated commentary on this blocking notice, and an OFAC license and cover letter related to the blocking of certain property at issue in this blocking notice. The language used here ("further performance under any contracts or written agreements, or in connection with any transactions under way, between RWC Group, LLC, and the Designated Party") is unusual, and tailored specifically for a situation where OFAC was aware that RWC Group, LLC was an importer of Kalasknikov goods (in fact the exclusive importer).