Armenian Ministry of Economy is taking every effort to prevent spread of embargo on 52 Iranian products over Armenia, Economy Minister said.

“At the same time negations are underway with private businesses in searching for alterative sources of import, particularly from the EU and CIS,” Tigran Davtyan said.

In early November, Iran halted export of 52 products to Armenia with an aim promote local production.

Minister Davtyan further noted it a correct approach to have alternative sources despite the possible changes in pricing policy.