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
Iranian-linked drone attack kills Kurdish couple in northern Iraq - 2Vote In favor of Your Favored Shimmering Water
- 3Iranian naval commander Alireza Tangsiri killed in attack, says Israel
- 4I’m a neuroscientist who taught rats to drive − their joy suggests how anticipating fun can enrich human life
- 5An Excursion Through Renowned Western Network programs
- Qatar LNG Ships U-Turn After Attempt to Pass Through Hormuz
- Key Training: Picking a Significant for Monetary Achievement
- Surging measles cases are 'fire alarm' warning that other diseases could be next
- Manual for Picking the Ideal Wine Matching
- Vote In favor of Your Favored Keeping an eye on
- Watch Rocket Lab launch Japanese technology-demonstrating satellite to orbit tonight
- Top Breakfast Food: What's Your Morning Enjoyment?
- Scientists uncover an ant assassination scheme that helps a parasitic queen rise to power
- Study reveals links between global food systems, obesity, and climate change
