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.
latest_posts
- 1
Unsold Rams May Be Less expensive Than You Suspect - 2Understanding climate change in America: Skepticism, dogmatism and personal experience
- 3This Week In Space podcast: Episode 188 — A New NASA Leader Rises?
- 4Mummified cheetahs found in Saudi caves shed light on lost populations
- 5Mississippi Insight for Jan. 11, 2026
- 2024's Hot Games: Must-Play Titles of the Year
- Tatiana Schlossberg's diagnosis puts spotlight on leukemia: What to know
- Israel explores creation of int'l force with Greece, Cyprus to deter Turkey
- Nick Reiner's defense attorney asks to be replaced, again delaying arraignment in connection with the stabbing deaths of his parents, Rob Reiner and Michele Singer Reiner
- My Excursion to Monetary Autonomy: Awesome ways to save cash
- Find the Keys to Fruitful Venture The board: Conveying Results on Time
- The most exciting exoplanet discoveries of 2025
- Some Americans say they'll go without health insurance as ACA rates spike
- Songbirds swap colorful plumage genes across species lines among their evolutionary neighbors
