Never ending "Packaging project for Android"

I am trying to package a blank project(with these exact settings) for android. When I run File → Package Project > Android(ETC1) or Android(All), the packaging starts as usual but it never ends. The last command to execute is:

UATHelper: Packaging (Android (ETC1)):
UEDeployAndroid.RunCommandLineProgramWithException:
Preparing native code for debugging…

I tried deployment on physical phone and emulator with development options and usb debugging enabled but results are the same. I also tried switching from development to shipping package but still it never completes compilation. I tried waiting for hours for it to complete. The CPU usage also drops after reaching this line.

Thanks in advance. Any help is much appreciated

Attaching the complete log for assistance.link text

Edit 1: I also tried to launch the project from the editor to my android phone with the same result.

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