Finance chiefs of the Group of Seven nations on Wednesday deplored Russia's participation in the Group of 20 meeting held earlier in the day, reflecting the tensions with Moscow over its invasion of Ukraine.

"International organizations and multilateral fora should no longer conduct their activities with Russia in a business-as-usual manner...We regret participation by Russia in international fora, including G-20," the G-7 said in a statement issued after its meeting in Washington.

The G-7 members also reaffirmed their resolve to continue to pressure Moscow to end its military aggression, pledging "coordinated action" to further "raise the cost of the war for Russia."

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