US President arrives at G7 in Italy with sanctions for Russia

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U.S. President Joe Biden arrived in Brindisi, Italy, late Wednesday ahead of his meeting with leaders of the Group of Seven industrialized democracies.

He came armed with fresh sanctions for Russia, a new bilateral security agreement for Ukraine, but no breakthrough on Gaza cease-fire negotiations that now sit at a critical juncture.

The United States is working with mediators Egypt and Qatar after reviewing Hamas? response to the proposal, White House national security adviser Jake Sullivan told reporters aboard Air Force One en route to Italy early Wednesday.

"Many of the proposed changes are minor and not unanticipated," he said. "Others differ quite substantively from what was outlined in the U.N. Security Council resolution."

As Biden was in flight to Italy, the U.S. Treasury Department announced fresh sanctions that target foreign individuals and companies aiding Moscow's military industrial base. They include companies based in China, that are selling semiconductors to Russia.

It includes an expansion of secondary sanctions that allow the United States to blacklist any bank around the world that does business with Russian financial institutions already facing sanctions. The goal is to prevent smaller banks in China and other countries from funding the Russian war effort.

The sanctions also target networks Russia uses to obtain critical materials for building aerial drones, anti-drone equipment, industrial machinery and for the country's chemical and biological weapons program, the Treasury Department said.