London Daily

Focus on the big picture.
Friday, Jul 10, 2026

Rishi Sunak announces ban at G7 on Russian diamonds, copper, aluminium and nickel

Rishi Sunak announces ban at G7 on Russian diamonds, copper, aluminium and nickel

The prime minister is in Japan for the latest G7 summit, where the leaders of the group are stepping up sanctions against Vladimir Putin following his invasion of Ukraine more than a year ago.

Rishi Sunak will announce a ban on Russian diamonds coming to Britain as the prime minister and other G7 leaders step up sanctions against Vladimir Putin.

The diamond ban is part of a wider package of sanctions as the prime minister and allies use the annual G7 summit in Tokyo to redouble support for Ukraine.

Sanctions will also extend to imports of Russian-origin copper, aluminium and nickel - as well as the freeze on the $4bn (£3.2bn) diamond export market.

Mr Sunak is in Japan for the G7


The UK is also sanctioning a further 86 individuals and companies from Vladimir Putin's military industrial complex, including a crackdown on companies connected to the theft and resale of Ukrainian grain and those involved in energy and shipping.

Companies connected to Russia's state-owned nuclear energy company Rosatom have also been sanctioned.

"Sanctions imposed on Russia by the UK and G7 partners are having a clear and progressive impact in downgrading Putin's war effort," the prime minister said.

"The G7 remains unified in the face of the threat from Russia and steadfast in support for Ukraine."

The prime minister's spokesman said the government was expecting all G7 partners to announce sanctions over the weekend in a show of strength against Moscow.

But while the G7 are in lockstep in their approach to Ukraine, the matter of handling an ever-aggressive China - which alongside Ukraine and the global economy is the third policy pillar of this summit - has been a more complicated and contested issue for the G7.

Japan's Prime Minister Fumio Kishida has repeatedly warned that "Ukraine might be Russia tomorrow" as he looks to allies to signal strong support over how to tackle China and the risk of Beijing trying to invade Taiwan.

US President Joe Biden has committed to defending Taiwan - but this issue has divided allies, with French President Emmanuel Macron saying on a trip to China last month that Europe should not get "caught up in crises that are not ours".

Russian metals will also be impacted


The expectation in Hiroshima is that allies can agree language that bridges this divide.

European Commission President Ursula von der Leyen will come up with a formulation it is hoped allies can agree on - that the G7 will focus on "de-risking" rather than "de-coupling" - in other words continuing to engage with China in areas such as trade and climate change, while pursuing policies to protect national security risks.

The expectation is that the G7 will come out of the summit with a united and strong front on Russia and China.

The big unknown of the weekend will be whether they can tilt some of the global south - countries such as Brazil, India and Indonesia - who have been more aligned with Russia and China towards the allies' standpoint.

Watch too to see if more might be said about longer-term security guarantees for Ukraine once the war is ended.

The prime minister told us on the flight to Japan that the UK wanted to put such arrangements into place "to provide Ukraine with deterrence in the future".

Whereas Boris Johnson and Donald Trump were often flies in the ointment and at odds with fellow allies, Mr Sunak is trying to lead from the front on the world stage, and he seems to be getting a much warmer reception in Japan than he does at home.

Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Barclays and PwC Report Examines Economic Opportunities from Financial Asset Tokenisation
Pound Sterling Strengthens as Investors Anticipate Further Bank of England Rate Increases
British Business Bank Invests Twenty-Seven Million Pounds in Kraken Technology Defence Expansion
UK Business Secretary Peter Kyle Backs State Investment Strategy Inspired by US Approach
UK Electricity System Issues Margin Notice as Heatwave Tightens Evening Supply Outlook
Labour Leadership Contest Opens as Andy Burnham Emerges as Expected Sole Candidate
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Rare Early Copy of US Declaration of Independence Found in British Archive
Cornish Language Revival Gains Momentum Through Schools and Community Programs
UK Authorities Face Criticism Over Prisoner Early Release Safeguards
Clacton By-Election Set After Nigel Farage Resigns Seat to Trigger Contest
Government Agencies Review Long-Term Fiscal Risks from Aging Population and Low Productivity
UK Heatwaves Expose Pressure on Public Transport and Housing Infrastructure
UK Government Prepares Welfare Review Amid Debate Over Personal Independence Payment Reform
UK Government Expands Rapid Endometriosis Testing Across NHS Services
Vistry Group Issues Profit Warning as UK Housing Market Faces Continued Pressure
Virgin Media Receives Record Twenty-Eight Million Pound Fine Over Contract Cancellation Failures
Office for Budget Responsibility Warns UK Public Finances Face Long-Term Pressure
UK Watchdog Warns Regional Income Gap Has Barely Narrowed in Three Decades
IMF Raises United Kingdom Growth Forecast as Inflation and Energy Pressures Ease
UK Government Launches Regulatory Reform Bill to Speed Up Commercialization of Innovation
Prince Harry Loses Privacy Lawsuit Against Daily Mail Publisher After High Court Rejects Claims
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
Jet2 Reports Strong Summer Travel Demand as Bookings Rise Seven Percent
Prince Harry Loses High Court Privacy Case Against Daily Mail Publisher
British Universities Warn Against Potential European Union Tuition Fee Changes
Heal Fertility Clinic Investigated After Embryo Biopsy Sample Mix-Up
Resolution Foundation Warns Regional Income Divide Has Barely Improved Since 1997
British Markets Remain Cautious as Middle East Tensions Rise and Government Transition Nears
Andy Burnham Poised to Become United Kingdom Prime Minister in Expected Political Transition
Nigel Farage Resigns as Member of Parliament Ahead of By-Election Amid Funding Investigation
Trump Declares Iran Ceasefire Over After Renewed Attacks on United States Bases
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
×