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
Careful Nurturing: Techniques for Bringing up Tough Children - 2Israeli lawmakers pass bill reviving death penalty for terrorists
- 3Sa'ar warns German delegation: 'A Palestinian state would be a Hamas terror state'
- 45 VIP Voice Exhibitions in Energized Movies
- 5Who is Artemis? Meet the Greek goddess who inspired NASA's return to the moon
- Launch pad damaged as Russian rocket blasts off for space station, agency says
- Jillian Michaels put me at the center of a body positivity debate. She's not entirely wrong about obesity.
- Congolese rape survivors search in vain for medicine after USAID cuts
- NASA's SPHEREx telescope completes its 1st cosmic map of the entire sky and it's stunning!
- Experience Arranging: Planning for Epic Excursions
- More people are addicted to marijuana, but fewer of them are seeking help, experts say
- Find Wonderful Stream Voyage Objections On the planet
- Where You Could Sleep With Snorlax in Japan, From MIMARU’s Pokémon Rooms to Grand Hyatt Tokyo’s Limited Pokémon Suite
- Study reveals how fast weight returns after ending GLP-1 drugs
