It extends a previous ban on the importation of Iranian goods to stop American companies from buying Iranian oil for resale on the world market.

It is illegal to import Iranian goods under a 1987 law.

Agreements with Iran included a US$50,000,000 loan to purchase Iranian industrial goods.

Motor vehicles, fruits, vegetables, glass, textiles, plastics, chemicals, hand-woven carpet, stone and plaster products were among the main Iranian non-oil goods exported to Russia.

Iranian goods have proliferated throughout Iraq.

On the other hand, because Americans are forbidden to import almost anything Iranian, the United States bought only $800,000 worth of Iranian goods last year.

Such a normalization would include a resumption of purchases of Iranian goods, principally oil, and an opening for Iran to purchase Western capital goods to shore up its sagging industries and economy.

By 1987 the import of Iranian goods into the United States had been banned.

You can already see in Iraqi shops some Iranian goods.

The United States bans imports of Iranian goods, but allows American companies to sell Iran a range of non-lethal items like consumer goods, oil drilling and engineering equipment, chemicals and gas turbines.