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
Tatiana Schlossberg, a granddaughter of JFK, is dead at 35 after cancer diagnosis - 2Why haven’t humans been back to the moon in over 50 years?
- 3Home Plan Tips for Seniors
- 4Journey through Pages: A Survey of \Plunging into Scholarly Universes\
- 5Cocaine, caffeine, painkillers consumed by sharks in Bahamas, study finds
- New study measures titanium in Apollo rock to uncover Moon’s early chemistry
- Italian police hold suspected boss of Naples Mafia's Mazzarella Clan
- New law puts familiar drinks, creams and gummies in legal limbo
- 7 Popular Vacation destinations In China
- Palestinians tell BBC they were sexually abused in Israeli prisons
- Washington state experiences historic flooding as Skagit River hits record high level. See flooding maps, highway closures and forecasts.
- Does physics say that free will doesn't exist?
- Kenmore East reacts to their best overall delegation award at WNY Model United Nations General Assembly competition
- Iranian naval commander Alireza Tangsiri killed in attack, says Israel
