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Positive trade effect seen

A Norwegian analyst said friction between China and the European Union could undermine the relationship between the two and international trade. But he said more transparency and respect for World Trade Organization agreements and international regulations would boost cooperation and prevent trade protectionism. "Although there have been some trade friction between China and Europe, they should not be overstated," said Arne Melchior, a senior research fellow at the Norwegian Institute of International Affairs. "The EU has implemented new anti-dumping measures on iron and steel, but most of the trade continues without problems," he added.