The G7 leaders have reportedly warned Russia of fresh sanctions over its actions in Ukraine.
The leaders said in a joint statement that they are united in condemning the Russian Federation's continuing violation of the sovereignty and territorial integrity of Ukraine
The G7 leaders said that they stand ready to intensify targeted sanctions and to consider meaningful additional restrictive measures to impose further costs on Russia should events so require.
According to the BBC, the summit is the first since Russia was expelled from the G7, following its annexation of Crimea in March.
US President Barack Obama, who is on a three-state European tour ending with the 70th anniversary of the D-Day landings in France on Friday, had earlier warned Moscow against its "dark tactics" in Ukraine.
Obama also met Ukraine's President-elect Petro Poroshenko, and pledged support for plans to restore peace to the country, the report added.