The European Union is postponing the signing of a free trade deal with four Mercosur countries until January, an EU official said on Thursday.
The agreement between the EU and Brazil, Argentina, Uruguay and Paraguay, which has been in the making for over 25 years, was scheduled to be signed at a summit in Brazil on Saturday.
The controversial free trade deal is intended to boost trade between the economic blocs, but is viewed critically by some major EU countries including France, Poland and Italy.
Italian Prime Minister Georgia Meloni, however, said that her government would be ready to back to deal as soon as the European Commission delivers more reassurances to farmers.
Italy's support is required to reach the necessary majority of at least 15 of the EU's 27 states, representing 65% of the bloc's population, backing the deal and to pave the way for its signing.
CDC advisory panel delays vote on hepatitis B vaccines after unruly meeting- Atorvastatin recall may affect hundreds of thousands of patients – and reflects FDA’s troubles inspecting medicines manufactured overseas
- Figure out How to Alter Your Volvo XC40 for Further developed Solace
- Gauging the Upsides and downsides of Visas: A Complete Aide
- Analysis-From 'Icarus bug' to flawed panels: Airbus counts cost of relying on single model
- A definitive Manual for the 5 Off-road Bicycles Available
- Fundamental Home Exercise center Hardware: Amplify Your Exercises
- Taylor Swift's 'The End of an Era' docuseries: Everything you need to know, plus how to watch for less
- Geminid shooting stars: One of 2025's most exciting meteor showers begins tonight
