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
From Educational Loans to Obligation Free: Independence from the rat race Accomplished - 2NASA releases stunning first images of Earth taken by the Artemis II astronauts
- 3The Solution to Ecological Protection: Saving Nature for People in the future
- 4Man Charged for Stealing ‘Incredibly Precious’ 286-Year-Old Violin, Worth More Than $200,000, from a Tavern
- 5The Manual for Electric Vehicles that will be hot dealers in 2023
- NASA releases stunning new images captured by the Artemis II moon mission, including 'Earthset' and a solar eclipse from space
- Instructions to Warmly greet Certainty and Appeal
- Involved Vehicles for Seniors: Track down the Best Picks for Solace and Unwavering quality
- Building a Flourishing Business: Illustrations from Business people
- Watch Rocket Lab launch Japanese technology-demonstrating satellite to orbit tonight
- The Fate of Rest: Patterns in Shrewd Beds
- Investigate These Retreats Well known With Seniors
- Japanese H3 rocket fails during launch of navigation satellite (video)
- Astronomers spot white dwarf star creating a colorful shockwave
