Katz will also present his European counterparts with strategic plans and projects to promote the region, including the "Tracks for Regional Peace" initiative, connecting the Middle East and Europe.
The EU holds that this resolution must be based on the pre-1967 lines with east Jerusalem as the capital of a Palestinian state.
In addition, the Council established a framework that will allow the EU to hold accountable those who supports, facilitates or enables violent actions by Hamas and the PIJ on Friday.
Arms trading, supporting actions undermining the stability or security of Israel, and involvement in serious humanitarian law or human rights breaches were cited as possible reasons for sanctioning.
"Yes, Hamas was financed by the government of Israel in an attempt to weaken the Palestinian Authority led by Fatah," Borrell said in a speech.
The objective was to establish it by Feb. 19 at the latest and to make it operational soon afterward.
There are 13 people and 21 groups and entities on these terrorist lists.