The generalized Cremmer-Gervais R-matrix, which is a twist of the stan
dard sl(q)(3) R-matrix, depends on two additional parameters. We discu
ss the properties of this R-matrix and construct two associated dynami
c systems: the q-oscillator that is covariant with respect to the corr
esponding quantum group and an integrable spin chain with a non-Hermit
ian Hamiltonian.