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
Which Switch Game Do You Suggest? Share Your Decision - 2Timothy Busfield turns himself in to face child sexual abuse charges in New Mexico
- 3Tragedy in Minnesota, vaccine news, Snoop's game call: Week in review
- 4Tasting America: An Excursion Through Darling Cheap Food Brands
- 5Shadow Cats: The Elusive Leopards Surviving Against Impossible Odds
- Kuwait is softening stance on Israel, dissident tells ‘Post’ after viral UN speech
- Figure out How to Store Your Gold Ventures: A Thorough Aide safely
- Quantum Computing’s Next Major Breakthroughs Could Come From Australia
- New subclade K flu strain raises concerns: What families should know
- Vote in favor of Your #1 4\u00d74 SUVs
- The Best 15 Applications for Efficiency and Association
- Interstellar comet 3I/ATLAS reveals weird wobbling jets in rare sun-facing tail
- CNN Crew Detained and Journalist Put in Chokehold in IDF Run-In: ‘We’re Journalists. What Are You Doing?!’
- Fundamental Archives for Beginning Your Business
