London Daily

Focus on the big picture.
Saturday, Feb 22, 2025

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
UK Prison Officer Sentenced for Inappropriate Conduct with Inmate
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
×