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
Happy with Running Shoes for 2024 - 2Scientists find evidence that an asteroid contains tryptophan
- 3RFK Jr. guts the US childhood vaccine schedule despite its decades-long safety record
- 4A definitive Bike Standoff: Decision in favor of Your Number one Ride
- 5Hezbollah uses ambulances, paramedic uniforms, as disguise for terrorist activity, IDF says
- A Time of Careful Eating: Individual Tests in Nourishment
- New movies to watch this weekend: See 'The Drama' in theaters, rent 'Wuthering Heights,' stream 'Pizza Movie' on Hulu
- Vaccine committee votes to scrap universal hepatitis B shots for newborns despite outcry from children’s health experts
- Which restaurants and fast food chains will be open on Christmas Eve and Christmas Day?
- Israel and Lebanon's Hezbollah continue to trade attacks
- Investigating Cooking and Culinary Expressions: An Excursion Through Flavors
- A definitive Manual for Picking Electric Vehicle: Decision in favor of Your Number one
- Lula’s former human rights minister formally accused of sexual misconduct
- People can't get enough of this couple's Hallmark movie reviews. They don't know the painful backstory.
