London Daily

Focus on the big picture.
Tuesday, Mar 17, 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
Western Allies Urge Restraint as Israel Weighs Expanded Ground Operation in Lebanon
Trump Warns NATO Faces ‘Very Bad’ Future Without Stronger Allied Support in Iran Conflict
UK Minister Says Britain Not Bound to Support Every Demand From U.S. President
Starmer Tells Trump Britain Will Not Be Drawn Into Wider Iran War
Starmer Tells Trump Britain Will Not Be Drawn Into Wider Iran War
UK Set to Introduce Steel Tariffs of Up to 50 Percent in New Industrial Strategy
European Governments Decline Trump’s Call to Send Warships to Reopen Strait of Hormuz
Fears Over Iran Conflict Weigh on UK Consumer Confidence
Starmer Says UK Working With Allies on Hormuz Shipping Plan After Trump Raises Pressure
Iran War and Energy Shock Shake Britain’s Economy and Political Debate
Deadly Meningitis Outbreak at UK University Leaves Two Dead and Several Seriously Ill
Deadly Meningitis Outbreak at UK University Leaves Two Dead and Several Seriously Ill
King Charles and Queen Camilla Share Personal Tributes to Their Mothers on UK Mother’s Day
Prince William Honors Princess Diana with Mother’s Day Tribute
UK Economy Stalls in January as Households Cut Back on Eating Out
AI-Generated Singer Becomes Viral Voice for Iranians With New Anthem
London Private Club Founder Plans Exclusive Palm Beach Venue Near Trump’s Mar-a-Lago
Ed Davey Urges Britain to Build Fully Independent Nuclear Missile Capability
What the UK Covid Inquiry Is and How It Investigates Britain’s Pandemic Response
What the UK Covid Inquiry Is and How It Investigates Britain’s Pandemic Response
US Treasury Links British Polo Patrons to Alleged Venezuelan Oil Proceeds Laundering Scheme
Hundreds Gather in London Despite Ban on Annual Pro-Palestinian March
Two Dead and Multiple Students Seriously Ill After Invasive Meningitis Outbreak at UK University
UK Considers Deploying Ships and Mine-Hunting Drones to Reopen Strait of Hormuz
Starmer and Trump Discuss Urgent Need to Reopen Strait of Hormuz Amid Escalating Iran Conflict
Prince Harry and Meghan Markle’s Planned Australia Visit Draws Mixed Reaction From Local Communities
Trump Calls on France and UK to Help Safeguard Strait of Hormuz Shipping Route
Boris Johnson Labels Bitcoin a ‘Ponzi Scheme’, Sparking Debate in Crypto World
UK Considers Targeted Aid for Vulnerable Households as Energy Costs Rise
Stellantis Urges Immediate Review of UK Electric Vehicle Sales Targets
Home Office Reverses Course to Allow Some Dual Nationals to Enter UK Using EU Passports
Reform UK Proposes Replacing Top Civil Servants With Officials Aligned to Government Agenda
Netflix Adds Critically Acclaimed ‘Best Film of 2025’ With Perfect Rotten Tomatoes Score
‘The Sums Don’t Add Up’: UK Farmers Hit by Soaring Costs as Iran War Disrupts Global Supplies
Confidential UK Biobank Health Records Found Online After Researchers Accidentally Expose Data
Trump Urges Britain and Allies to Deploy Warships to Safeguard Strait of Hormuz
Trump Urges Britain and Allies to Deploy Warships to Safeguard Strait of Hormuz
Middle East War Highlights Strategic Importance of Strong UK–Ireland Cooperation
Weak Growth Signals UK Economy Was Faltering Even Before Middle East Energy Shock
Marks & Spencer Tops UK Fashion Retail Rankings as Most Considered Brand
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Royal Navy to Acquire Twenty Uncrewed Surface Vessels for Autonomous Warfare Testing
Russia Summons British and French Envoys After Ukrainian Storm Shadow Strike on Strategic Facility
Starmer Confirms Britain Will Maintain Sanctions on Russia Despite U.S. Policy Shift
UK Moves to Refine AI Definition in Investment Security Reform
UK Economy Stalls in January as Growth Unexpectedly Falls to Zero
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
×