OREANDA-NEWS  During the meeting in Italy, the leaders of the G7 countries will promise to expand sanctions so that they affect companies and banks, including in China, which allegedly help circumvent restrictions imposed on the Russian Federation, Bloomberg reports, citing a statement.

“The G7 will expand the scope of sanctions so that they affect companies and banks, including Chinese ones that help… Russia should circumvent sanctions on goods and technologies that are used in the creation of weapons,” the agency said in a statement.

The leaders of the “seven” countries also want to point out that Beijing’s trade policy will lead to “distortions in the markets and dangerous overproduction.” At the same time, they do not intend to sever economic ties with China and do not try to interfere with its economic development, Bloomberg emphasizes.

The meeting of the leaders of the “big Seven” is taking place on June 13-15 in the southern Italian region of Puglia.