
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
Extraordinary Snowboarding Objections All over the Planet
German hauliers warn soaring energy prices may soon impact consumers
Explainer-Why are hepatitis B vaccines given to newborns?
New movies to watch this weekend: See 'They Will Kill You' in theaters, rent 'Send Help,' stream 'Pretty Lethal' on Prime Video
Radiate brilliantly: The 5 Precious stone Rings to Purchase in 2024
A mom stopped giving her kids snacks — and sparked a debate about eating habits
Accor signs agreement to transform El Gouna resort as Sofitel
Black Friday Paramount+ deal: Save 50% and stream these buzzy Taylor Sheridan shows
Which camera do you believe is great for first-time clients? !













