India does not want the G20 group to discuss additional sanctions against Russia during New Delhi's year-long presidency of the bloc, six senior Indian government officials told Reuters.

On the sidelines of a key G20 meeting in India, G7 (G7) financial leaders will meet Feb. 23 to discuss measures against Russia, Japan's finance minister said Tuesday.

Sources directly involved in this week's meeting of G20 finance ministers and central bank governors said the macroeconomic impact of the war will be discussed, but India does not want to discuss additional measures against Russia.

India is not seeking to discuss or support any additional sanctions against Russia during the G20, one source said adding that the existing sanctions against Russia have had a negative impact on the world.

Another source noted that sanctions are not a G20 issue. The G20 is an economic forum to discuss growth, he said.

Indian Foreign Minister Subrahmanyam Jaishankar previously said the war had disproportionately affected poorer countries by raising fuel and food prices.

U.S. Treasury Undersecretary Wally Adeyemo said Tuesday that Washington and its allies plan to impose new sanctions and export controls in the coming days that will target Russia's purchase of dual-use goods, such as refrigerators and microwave ovens, to obtain semiconductors needed for its military. The sanctions would also be aimed at curbing the transshipment of oil and other restricted goods through border countries.

In addition, Adeyemo said officials from a coalition of more than 30 countries will warn companies, financial institutions and individuals who still do business with Russia that they will face sanctions if they continue to do so.