A trader must obtain Licence Approvals for regulated goods before he/she can import or export these goods. The Licence Approval gives the trader the right to import or export goods for a certain period of time and/or for a certain quota.
A trader must obtain Permit Approvals before he/she can import or export certain classes of goods. The application must be made before the import or export of the good(s).
The same Permit or Licence can be used for multiple shipments as long as it is still valid and the approved quota is not exceeded.