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
When faith comes under fire: How Iran’s repression of religious minorities has increased - 2The most effective method to Apply Antiquated Ways of thinking in Current Brain science Practices
- 36 Famous Urban communities for Shopping on the planet
- 4What you need to know about desalination, a growing source of drinking water
- 5Artemis II astronauts channel Apollo 8 with a striking Earthset photo
- Cuba says 33 have died of mosquito-borne illnesses as epidemic rages
- Canada Awards C$1.5 Billion Defense Contracts to L3Harris, Airbus
- Mickey Lee of 'Big Brother' fame dead at 35 after flu complications, family says
- Rescuers give up hope for the humpback whale stranded in the Baltic Sea
- Instructions to Pick the Right Dental Embed Trained professional: An Exhaustive Aide
- St George Mining hits record 178m high-grade intercept at Araxá, reinforcing global scale
- Are Saturn's rings made of a lost, shattered moon? New evidence arises for the case
- Select Your Go-To Bluetooth Earphones
- Wolf Bites Woman in Shocking Attack at Busy Shopping Center
