During a visit to the West Bank on Thursday, Barrot had already threatened a new round of sanctions and renewed France’s commitment to a two-state solution to the Israeli-Palestinian conflict.
Settlement activities “threaten the political perspective that can ensure durable peace for Israel and Palestine”, he said after talks with Palestinian President Mahmud Abbas in Ramallah.
The United States, Britain, Canada and Australia have also imposed sanctions against extremist settlers.
The EU’s foreign affairs commissioner, Josep Borrell, said in August that Israeli settlers were endangering “any chance of peace” and called on the Israeli government to “stop these unacceptable actions immediately”.
Sanctions would also be aimed at the “enablers” of violent settler actions, “including some Israeli government members”, Borrell said.
Over 700 Palestinians in the West Bank have been killed by Israeli troops and settlers in the last year, according to the Ramallah-based health ministry.