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
Step by step instructions to Pick the Right Dental specialist for Your Dental Inserts Technique - 2Israel's haredi draft crisis: Court ruling and political stalemate reach breaking point
- 3Google to Use Natural Gas to Power Massive Data Center in Texas
- 42024's Savvy Home Gadgets for an Associated Way of life
- 5Flying without a Real ID? That'll soon cost you $45, TSA says.
- Building an Individual Brand: Illustrations from Forces to be reckoned with
- Staggering Spots to Stargaze All over the Planet
- Reviving Your Home with Nutritious Indoor Plants
- Instructions to Pick the Right Senior Protection Plan.
- One lightly wounded after Iranian missile barrage targets northern Israel
- Share your pick for the riding area that characterizes your surf undertakings!
- Norovirus is spreading earlier again this year, wastewater data shows
- Trump said affordability is a ‘hoax’ in his Pennsylvania speech. What do the latest numbers show?
- 15 skywatching events you won't want to miss in 2026
