
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
Thermo Fisher wins contracts as pharma shifts production to US, CEO says - 2
New peace laureate: Iran's arrest of Mohammadi 'confession of fear' - 3
Step by step instructions to Get the Best Vehicle Rent Arrangement: Insider Tips and Systems - 4
The Delight of Perusing: Book Proposals for Each Class - 5
Pfizer says patient dies after receiving hemophilia drug in trial
Scientists find evidence that an asteroid contains tryptophan
Amid growing bipartisan scrutiny of Pete Hegseth, Trump says he 'wouldn't have wanted … a second strike' on alleged Venezuelan drug boat survivors
Starfront Observatories: A haven for distant stargazers
The Response Uncovered: Disentangling the Secrets of the Universe
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Washington state experiences historic flooding as Skagit River hits record high level. See flooding maps, highway closures and forecasts.
Tear gas and arrests: Iranian regime continues crackdown on protesters amid economic unrest
Figure out How to Put resources into Lab Precious stones
Fundamental Home Machines for Improved Solace in Summer













