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
Can scientists detect life without knowing what it looks like? Research using machine learning offers a new way - 24 Jeep Models: Dominating Execution and Flexibility for Each Experience
- 3Toddler diagnosed with cancer makes remarkable recovery after aggressive treatment
- 4Investigating the Medical advantages of Aloe Vera
- 5The pace of hiring just fell to the lowest since 2011, outside of the pandemic
- Vote in favor of Your #1 sort of pie
- Child influencers helped power a booming industry. It's time for a reckoning.
- Surging measles cases are 'fire alarm' warning that other diseases could be next
- Wegovy maker Novo sharpens consumer focus with board role for Mars CEO
- 'Hero' who wrestled gun from Bondi shooter named as Ahmed al Ahmed
- Avoid Slam: Exploring the Pickup Truck Transformation
- Merz: 80% of Syrians in Germany should return in three years
- NASA's Perseverance Mars rover could break the record for miles driven on another planet
- Golan resident convicted of spying for Iran after passing tank movement, missile-impact data
