
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
Common ADHD medication prescribed in childhood may protect against risk of psychosis - 2
Novartis eyes more bolt-on acquisitions, CEO says - 3
Explainer-What Novo Nordisk's weight-loss pill approval means for company, patients - 4
The cheap health insurance promoted by Trump officials has this catch - 5
The wolf supermoon will kick off 2026 with a celestial bang. Here's when and how to see it.
Tracking down the Right Equilibrium: Charges versus Personal Costs in Senior Protection.
Far-right leader Le Pen to attend Brigitte Bardot's funeral
Iran denies launching ballistic missiles towards Kurdistan region of Iraq
Paraplegic engineer becomes the first wheelchair user to blast into space
Iranian naval commander Alireza Tangsiri killed in attack, says Israel
Nutrient Rich Organic products: Lift Your Wellbeing
Over 60 local leaders push Netanyahu to halt haredi draft bill, warn of social rift
UK consumer confidence plunges amid escalating Iran conflict
Help Your Efficiency: 10 Authoritative Apparatuses to Attempt













