Mr Erdoğan also accused Israel of committing “genocide.”
The EU is also involved in airdropping supplies provided by member states and allies into the sealed-off coastal region.
Those subject to sanctions would no longer be allowed to enter the EU or do business with EU citizens.
After the killing of a 14-year-old Israeli boy from a settler family, four Palestinians, including a child, were killed in acts of revenge
In November, Egypt began allowing foreigners and Palestinians with second passports to leave the Strip via the Rafah border crossing.
Germany’s foreign minister, Annalena Baerbock, says Israel should relinquish control of the Gaza Strip once the war against Hamas is over.
Mr Borrell said EU foreign ministers would also debate the bloc’s association agreement with Israel.
Four people were killed during Israeli army operations in the West Bank, the Health Ministry in Ramallah said on Wednesday.
Israeli airstrikes have killed 17 militants in the southern and central part of the Gaza Strip, according to the Israel Defence Forces (IDF) on Thursday.
Mao Ning, China’s foreign ministry spokesperson, reacted to reports of Israeli forces opening fire on a crowd of Palestinians waiting for aid in Gaza City.
