Regulations in respect of the exportation and importation of goods and the delivery of related services to all exporters and importers and also to those that the application of the law requires their naming, shall be governed by this law, and all laws which are inconsistent with it, are hereby annulled.
Exportable and importable goods are classified into the following three categories :
1. Permissible goods: with the observance of the these goods shall not require a license.
2. Conditional goods: the exportation or importation of these goods is possible by obtaining a license .
3. Prohibited goods : the exportation or importation of these goods (purchase, sale or consumption ) is forbidden under the sacred Islamic Shiea and or by law.
The Government may, with the observance of the relevant laws and depending on the prevailing exigencies and circumstances, prohibit the exportation or importation of certain goods.
The types and specifications of goods falling under any one of the aforesaid three categories shall be set forth by an ordinance to be drawn up by the Ministry of Commerce and approved by the Council of Ministers.