G7 leaders have agreed on new sanctions to “starve the Russian war machine”.
The Group of Seven is holding their annual meeting in Hiroshima, Japan.
They agreed to stiffen sanctions against Russia and pledge financial support for Ukraine.
The G7 are also expected to address growing tensions between their economies and China during their summit, which runs until Sunday.
Ukrainian President Volodymyr Zelenskiy will join the leaders of the world’s richest democracies in Hiroshima over the weekend.
In a joint statement, the G7 leaders said existing measures against Russia would be broadened, and any exports that could help it in its 15-month war against Ukraine would be restricted across the G7 countries.
This includes exports of industrial machinery, tools, and other technology that Russia uses to rebuild its war machine.
It added that efforts would continue to restrict Russian revenues from its trade in metals and diamonds.