
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
Merck sees over $5 billion opportunity in Cidara's experimental flu drug - 2
This is Countdown, CNN’s newsletter covering NASA’s first time sending humans to deep space in over 50 years - 3
Nick Reiner's defense attorney asks to be replaced, again delaying arraignment in connection with the stabbing deaths of his parents, Rob Reiner and Michele Singer Reiner - 4
Israeli strike on Gaza City vehicle kills at least four, report says - 5
35 million tons of food go to waste yearly in the US. Experts share tips to help stop it
Israel’s mixed messaging on Christmas draws controversy
23 Most Amusing Messages At any point Sent Among Youngsters and Their Folks
Where should we send a real 'Hail Mary' spacecraft? A new study has the answers
Beddings of 2024: Track down Your Ideal Fit for a Tranquil Rest
Scientists reveal earliest evidence for shifting of Earth’s crust
The most effective method to Promoter for Cutthroat Medical attendant Compensations in Your Medical services Office
A volcanic eruption may have catalyzed the plague's arrival in Europe, study suggests
Indian rocket launches record-breaking BlueBird 6 smartphone satellite to orbit (video)
Russia earning billions from Hormuz blockade, German trade body says












