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Reuters
Reuters
Business
By Katya Golubkova and John Irish

G7 tightens Russia sanctions, looks to cut China trade reliance

President of the European Council Charles Michel, Italy's Prime Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, U.S. President Joe Biden, Germany's Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen participate in a family photo with G7 leaders before their working lunch meeting on economic security during the G7 summit, at the Grand Prince Hotel in Hiroshima, Japan, May 20, 2023. REUTERS/Jonathan Ernst/Pool

Leaders of the world's richest democracies acted on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China.

The Group of Seven (G7) leaders, to be joined this weekend by Ukrainian President Volodymyr Zelenskiy, pledged to restrict any exports to Russia that could help President Vladimir Putin's invasion of his neighbour and to stop sanctions-busting.

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