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BAKU, July 25 (Xinhua) -- As global infrastructure for China's currency, the yuan, continues to expand, Azerbaijan's Bank VTB said Monday it started to offer the Chinese yuan cash settlement services in the oil rich country.
The bank will provide services such as opening and maintaining of accounts and remittances in the Chinese yuan, the bank said in a statement.
For opening and maintenance of accounts, the commission is not charged, and remittances are offered at favorable rates, it said.
Operations on remittances in the Chinese yuan are carried out only in a non-cash form. The commission for transfer to an account at another bank within the VTB group is 0.5 percent of the transfer amount, said the bank, adding that an urgent transfer costs 200 yuan (30 U.S. dollars).
The move is intended to serve an increasing number of tourists and business contacts between Azerbaijan and China.
A senior official of Bank VTB in Azerbaijan, Yuri Yakovlev, said that as the weight of the yuan on the international market is growing, the interest of Azerbaijani businessmen in the Chinese market is growing as well, encouraging banks to offer the most convenient and favorable conditions of cash settlement services.
""Today Bank VTB is the only bank in the country to offer services in the Chinese yuan,"" he said.
Currently, one Azerbaijani manat is equal to about 4.21 Chinese yuan.
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TOKYO Cheap Houston Astros Jersey , July 24 (Xinhua) -- Government of Japan's Okinawa prefecture on Monday filed a fresh lawsuit against the central government on the renewal of a permit to allow construction work for the relocation of a controversial U.S. Marine base.
The latest lawsuit is aimed at halting the central government's ongoing plans to relocate the U.S. Marine Corps Air Station Futenma in Ginowan to the less populated Henoko coastal region of Nago, which is also on Okinawa island.
The lawsuit argues that the central government has not secured permission from Okinawa Governor Takeshi Onaga for construction work that will damage rocks on the sea bed where reclamation work has been going on.
The prefectural government has also filed an injunction prohibiting the construction work Cheap Kansas City Royals Jersey , ahead of the court's ruling on the issue.
The Okinawa government also believes that fishing rights have been granted in the Henoko region, meaning the central government's construction work is infringing on these too.
The prefectural government has requested the central government to renew its permit to work in the area Cheap Los Angeles Angels of Anaheim Jers , which expired in March, although the central government maintains that it does not need permission as legal matters concerning fishing rights have already been dealt with.
Authorities in Okinawa opposed to the construction work fear that sediment to be poured inside the seawalls being constructed for the replacement facility in Oura Bay will be extremely detrimental to the environment.
They have stated that the reclamation work runs contrary to the National Biodiversity Strategy of Japan Cheap Miami Marlins Jersey , as it is damaging an ecosystem unique to Okinawa.
Environmentalists have also voiced concerns about the materials used for the reclamation work introducing invasive species to the region.
Experts, having surveyed the coral reef at the bottom of the ocean near the tip of one of the seawalls Cheap Los Angeles Dodgers Jersey , have also concluded that the Porities lutea coral, which is part of the reef and just 20 meters away from the tip of the seawall Cheap Milwaukee Brewers Jersey , has a high likelihood of being destroyed by rocks thrown into the ocean due to the construction.
The waters of Oura Bay are also the last home of the endangered Japanese dugong, which is a large marine mammal and cousin of the manatee. Environmentalists are certain of the species' extinction if the central government's construction continues.
The return of the land to Okinawa used for the Futenma base was agreed in 1996 between the United States and Japan and in 2006 both sides inked a deal Cheap Minnesota Twins Jersey , part of which included transferring the airfield to the Henoko region on the island.
Amid staunch opposition from local officials and residents of Okinawa who bear the burden of hosting the majority of U.S. military facilities in Japan, and as anti-U.S. sentiment rises on the tiny island in the wake of a number of heinous crimes committed by U.S. base-linked personnel Cheap New York Mets Jersey , the central government maintains that shifting the base to Henoko remains "the only solution."
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PUL-E-KHUMRI, Afghanistan, March 1 (Xinhua) -- A Taliban key commander Qari Bahaudin was arrested and three of his men killed in clash for control Tala-o-Barfak district of northern Baghlan province, police spokesman for the northern region Mahfozullah Akbari said Wednesday.
"Taliban rebels launched series of attacks against government interests in Tala-o-Barfak district couple of days ago and security forces retaliated, As a result, the notorious commander Qari Bahaudin was arrested early today and three of his men were killed," Akbari told reporters here.
Qari Bahaudin was the military in charge of Taliban for Baghlan for the northern Baghlan province and his arrest could prove a major setback for the insurgents,the official asserted.
The official also confirmed that two police personnel sustained injuries in the fighting which has been continuing in . http://wholesalesoccercheapjerseys.com/ Wholesale Cheap NHL Jerseys Wholesale NFL Jerseys China Wholesale NCAA Hockey Jerseys Wholesale Basketball Jerseys Online Wholesale Baseball Jerseys Cheap Wholesale Custom Soccer Jerseys Wholesale New Hockey Jerseys Cheap Jerseys China Cheap Jerseys From China
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