Wealthy G7 nations gearing up for new volley of sanctions on Russia

FILE PHOTO: Ukraine's President Volodymyr Zelenskiy attend a joint news briefing with U.S. President Joe Biden, amid Russia's attack on Ukraine, in Kyiv, Ukraine February 20, 2023. REUTERS/Gleb Garanich

BENGALURU (Reuters) - The Group of Seven nations are preparing new, further-reaching sanctions on Russia a year after its invasion of Ukraine, targeting key economic sectors and other countries or organisations who help Moscow's war effort.

Leaders of the bloc of developed nations will meet virtually on Friday with Ukrainian President Volodymyr Zelenskiy to mark the one-year anniversary of Russia's invasion, and are expected to announce the sanctions package.