The UK has announced a fresh package of sanctions on Russia and Belarus in response to the invasion of Ukraine - targeting £1.7bn of trade, writes BBC.

The Department for International Trade said new import tariffs will apply to goods including platinum and palladium.

It said they will hit Russia’s “ability” to fund the war.

Export bans will target chemicals, plastics, rubber and machinery. It takes the value of products subject to UK sanctions to more than £4bn.

The new import tariffs will cover £1.4bn of goods while the planned export bans are intended to impact products worth more than £250m in sectors of the Russian economy most dependent on UK goods.

The announcement came after G7 leaders held a video call with Ukrainian President Volodymyr Zelensky and the US and Canada also imposed new sanctions.