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
Creativity Revealed: A Survey of \Making Shocking Looks\ Cosmetics Item - 2How to watch 'Tell Me Lies' Season 3: Episode release times, streaming info and more
- 3Extravagance SUVs for Seniors: Solace, Innovation, and Security
- 44 astronauts depart ISS, leaving behind just 3 crewmates to staff the orbiting lab
- 5Warship sunk by British fleet, remains of sailor found after 225 years
- James Webb Space Telescope watches 'Jekyll and Hyde' galaxy shapeshift into a cosmic monster
- Nordic people know how to beat the winter blues. Here's how to find light in the darkest months
- With Obamacare premium hikes, more people opting for no coverage or cheaper plans
- Is an $85 apple pie worth it? Our Thanksgiving taste test says … maybe.
- Israeli lawmakers pass bill reviving death penalty for terrorists
- December’s full moon is the last supermoon of the year. Here’s what to know
- Rediscovering Euphoria: Individual Accounts of Conquering Despondency
- The Craft of Do-It-Yourself Home Stylistic layout: Change Your Space
- Is Chinese food truly flavorful?
