Japan will host a meeting of finance chiefs from the Group of Seven nations on Thursday to discuss their response to Russia's war in Ukraine, including sanctions, on the fringes of a broader Group of 20 gathering in India.
Japanese Finance Minister Shunichi Suzuki told reporters that he will chair the meeting of finance ministers and central bank governors as Japan holds the G-7 presidency this year.
"We'd like to reaffirm G-7 solidarity in supporting Ukraine and maintaining our pressure on Russia and discuss the impact (of the war) on the global economy," Suzuki told reporters after a Cabinet meeting, according to Japan's News Agency (Kyodo).
This meeting comes ahead of the one-year anniversary of the start of the war in Ukraine that has led to a slew of sanctions on Moscow imposed by the member states of the G-7 groups Britain, Canada, Germany, France, Italy, Japan and the United States plus the European Union.
Suzuki will travel to Bengaluru in southern India to meet with his G-20 counterparts who will hold substantive talks on Friday.