The centerpiece of the package is a proposal that the bloc's member countries stop importing Russian crude oil for six months and buy no more Russian oil products by the end of this year.
It is specified that Hungary and Slovakia will receive 20 months to refuse to import oil.
Approval of sanctions requires a unanimous decision of all EU countries.
Earlier, the head of EU diplomacy, Josep Borrell, spoke about the content of a new package of anti-Russian sanctions.