
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
Exploring the Gig Economy: Examples from Consultants - 2
Mystery foot suggests a second early human relative lived alongside Lucy - 3
Birutė Galdikas: The last of the ‘angels’ in primatology’s most extraordinary chapter - 4
Trump said affordability is a ‘hoax’ in his Pennsylvania speech. What do the latest numbers show? - 5
Instructions to Pick the Ideal SUV Size for Seniors
Favored Organic product for Seniors' Prosperity: Make Your Determination
What will happen if Artemis 2 astronauts get hit by a solar storm during NASA's ambitious moon mission?
The Most Paramount Crossroads in Olympic History
Winter storms blanket the East, while the U.S. West is wondering: Where’s the snow?
EU health regulator urges immediate vaccinations amid early surge in flu cases
Hamas set to elect new terror leader with Hayya, Mashaal in pole position
Shelby County deputies charged with assault, placed on leave
How a Middle East War Becomes a Retail Price Hike
The most effective method to Pick the Right Material Organization: Fundamental Tips













