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
25 of the world’s best sandwiches - 22024 Style: The It-Things You Want in Your Closet
- 3Katz alleges Army Radio workers misled High Court in bid to halt closure
- 4Investigation reveals sperm donor passed on cancer risk to dozens of children across Europe
- 5How to watch 'A Charlie Brown Christmas' for less with this Apple TV Black Friday deal
- Sixteen Kenyans missing in Russia after army recruitment
- In wrangling dark matter, some scientists find inspiration in the Torah, Krishna and Christ
- Step by step instructions to Guarantee the Life span of Your Dental Inserts: Support and Care Guide
- Manual for Picking the Ideal Wine Matching
- Google's proposed data center in orbit will face issues with space debris in an already crowded orbit
- L.A.'s most famous midcentury home, the Stahl House, is on the market for the 1st time, at $11K per square foot: See inside
- A volcanic eruption may have catalyzed the plague's arrival in Europe, study suggests
- Pick the Ideal Family Feline Variety for Your Home
- Man triggers smoke bomb during failed crypto robbery
