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
23 Most Amusing Messages At any point Sent Among Youngsters and Their Folks - 2German police 'cleared path for fascists with batons,' protesters say
- 3Figure out How to Augment the Advantages of a Web-based Degree
- 45 Language Learning Applications
- 5Texas cities have some of the highest preterm birth rates in the US, highlighting maternal health crisis nationwide
- From a new flagship space telescope to lunar exploration, global cooperation – and competition – will make 2026 an exciting year for space
- Michael Jordan donates $10M to North Carolina medical center in honor of his mother
- Vote In favor of Your Favored IT Administration
- IDF strikes Hamas terror base in Lebanon, Health Ministry says 11 killed
- The Delight of Perusing: Book Proposals for Each Class
- Exploring the Difficulties of Beginning a Family: Individual Experiences
- Cocoa Prices Sink on Favorable Crop Conditions in West Africa
- Reveal Less popular Authentic Realities You Didn't Learn in School
- Inn The executives: A Remunerating Profession Decision for Energetic People
