
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
6 Fun Urban areas For Seniors To Travel - 2
Merz: 80% of Syrians in Germany should return in three years - 3
Flourishing in Retirement: Individual Accounts of Post-Profession Satisfaction - 4
Manual for Savvy Home Lighting Framework: Lights up Your Space - 5
West Palm Beach Shorecrest, renderings of downtown waterfront condo
The Most Moving TED Talks You Want to Watch
Don't miss Jupiter shining close to the waning gibbous moon on Dec. 7
Hyundai Is Keeping the i30 Alive While America Keeps Losing Cars Like It
The Ursid meteor shower will be the last of the year, peaking just before Christmas: What to know and how to watch
Support Your Investment funds with These Individual accounting Thoughts
Hitting the brakes: Hubble Space Telescope watches doomed comet reverse its spin
New movies to watch this weekend: See 'The Running Man' in theaters, rent 'One Battle After Another,' stream 'Nobody 2' on Peacock
Prehistoric wolf’s gut frozen in time reveals an ice age giant
Indoor Drinking Fountains: Famous Home Advancements during the Pandemic












