DHAKA -- Bangladesh appears to have found a workaround for stalled payments it owes Russia for a nuclear power plant: settling them in Chinese yuan.
With U.S. and European sanctions barring Russia from much of the international banking system, Dhaka has been scrambling for ways to settle repayments worth $110 million for the still under construction Rooppur power plant. But last week, a high-level delegation from Russia and Bangladesh's Ministry of Finance agreed that the bills could be paid in yuan.
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