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
Nutrient Rich Organic products: Lift Your Wellbeing - 2Most loved Caf\u00e9 Chain: Where Do You Get Your Caffeine Fix
- 3Poland Crypto Bill Clears Sejm Again, Defying President — Will “Restrictive” Rules Stick?
- 4A Gastronomic Experience in Healthy Enjoyments: A Survey of \Nutritious and Tasty\ Solid Cooking Recipe Book
- 5Get To Be familiar with The Historical backdrop Of Western Medication
- UN chief warns he could refer Israel to ICJ over laws targetting UNRWA
- Monetary Security: Building Serious areas of strength for an Establishment
- ABC News' Sam Champion opens up about recent health scare
- MacArthur Foundation awards $100M to outbreak surveillance network, a boost amid global health cuts
- Hundreds of kilos of protected plant seized by Israel Nature and Parks Authority in Golan
- This Week In Space podcast: Episode 186 — Snow on the Moon?
- Spanish bishops and government sign deal for compensation of church sexual abuse victims
- 'I was diagnosed with incurable brain cancer on holiday'
- Dr. Vinay Prasad's memo raises concerns about COVID-19 vaccines and pediatric mortality
