European Union states have agreed to impose an arms embargo on Libya, freeze the assets of Libyan officials and consider imposing a travel ban on members of the Tripoli regime.
“We expect a formal decision to be made early next week, possibly Monday or Tuesday,” Reuters quoted one EU diplomat as saying.
Another diplomat said the aim was to coordinate the move with the US and the UN Security Council.
Britain and France plan to present a draft proposal for sanctions against Libyan leaders at the UN Security Council on Friday. A vote is expected early next week.
EU foreign affairs chief Catherine Ashton is expected to discuss coordinating the EU, US and UN action when she meets US Secretary of State Hillary Clinton in Geneva on Monday.
France and Germany are pushing to move more rapidly against the Libyan leader, putting further pressure on him to yield after more than 40 years in power and throwing diplomatic weight behind growing popular dissent.