Turkey, which had surprised its allies in recent days by saying it had reservations about Finnish and Swedish membership, laid out its demands on Sunday on the sidelines of a meeting of foreign ministers in Berlin. Ankara said it wanted the Nordic countries to halt support for Kurdish militant groups present on their territory, and lift bans on some sales of arms to Turkey.

Asian Importers were banking on wheat from India, the world's second-biggest producer, after exports from the Black Sea region plunged following Russia's Feb. 24 invasion of Ukraine. Russia and Ukraine jointly account for about 30 percent of global wheat exports.

The United States and European Union will announce a joint effort to boost production of scarce semiconductor chips. Both Washington and Brussels want to encourage chip investment in a coordinated fashion and without encouraging a subsidy race.

G7 foreign ministers promised to reinforce Russia's economic and political isolation, continue supplying weapons to Ukraine and work to ease food shortages stemming from Russia's Feb. 24 invasion of its neighbour. Russia responded to this by stating that attempts to isolate Moscow have worsened global food shortages.