G7 tightens Russia sanctions, looks to cut China trade reliance

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Reuters UK

By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -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. “Today’s actions will further tighten the vice on…

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