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
Manual for Vegetarian Protein Powder - 27 Powerful Methods for forestalling Telephone Overheating: Keep Your Gadget Cool
- 3Wisconsin judge sends Slender Man attacker back to mental health institution after group home escape
- 4Nearly 16,000 New York City nurses prepare to strike as contract talks stall
- 5Telescope in Chile captures stunning new picture of a cosmic butterfly
- 19 Peculiar Films You Shouldn't Watch With Your Mum
- Bomb blast in packed Nigerian mosque kills five
- Craig the beer-ambassador elephant dies aged 54
- Dominating Your Cash: The Fundamental Manual for Overseeing Individual accounting records
- ISS astronaut evacuation shouldn't interfere with upcoming Artemis 2 moon mission, NASA chief says
- Doritos and Cheetos debut 'NKD' options, without artificial colors or flavors
- Vote In favor of Your Number one Game Control center
- Best Food Truck Cooking: Decision in favor of Your Number one!
- 3 back-to-back storms forecast to bring snow and surges of cold air across the Midwest to the Northeast
