The EU sanctions come as nationwide protests in Belarus have continued for weeks while the Belarusian government has imposed a crackdown on protesters.
Alexander Lukashenko is facing public revolt since the Belarus election on August 9 in which the public has asked for the authoritarian president to step down after 26 years.
The Belarusian President claims to have won 80 percent of the vote in a landslide victor. The opposition says the poll was rigged and the EU, among others, disputes the results.
In the first four days of demonstrations that followed, Belarus security forces detained almost 7,000 people and injured hundreds with rubber bullets, stun grenades and clubs.
At least three protesters died. Around 180 people were detained at rallies on Thursday.
“We have general agreement on how the list will be structured and who will be, more or less, on the list,” Czech Republic Foreign Minister Tomas Petricek told reporters at a meeting of EU foreign ministers in Berlin.
However, the technicalities involved in legally finalizing the list won't be concluded for at least another week.