G7 members announced new sanctions against Russia, including targeting the lucrative diamond trade through high-tech tracing methods. About 90% of the world's diamonds are cut and polished in the state of Gujarat, India, a major importer of Russian diamonds.
The G7 countries will now try to convince India to join these sanctions. The task will not be easy, Russia has been a strategic ally of India for decades, and New Delhi has not publicly condemned Moscow for its invasion of Ukraine. The issue had been postponed indefinitely, and it took the preparation of this G7 summit for it to resurface.