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
The Most Paramount Crossroads in Olympic History - 2The most effective method to Amplify Your Opportunity for growth in a Web-based Degree Program
- 3Step by step instructions to Protect Your Senior Condo for Ideal Wellbeing and Solace
- 410 Distinct Kinds of Chinese Neighborhood Specialty Hot Pot
- 5Peloton recalls more than 800,000 bikes after broken seat posts injure users
- Robert Irwin on winning 'Dancing With the Stars' 10 years after sister Bindi: 'This was everything I dreamed it would be and so much more'
- Top 10 Arising Advances That Will Shape What's in store
- Don’t let food poisoning crash your Thanksgiving dinner
- Well informed: How to Take full advantage of Your Gadgets
- The most effective method to Pick The Right Speakers
- The Conclusive Manual for Spending plan Travel: Opening Undertakings on a Tight budget
- Figure out How to Track and Anticipate Future Cd Rates
- Find Successful Magnificence Items for Sparkling Skin
- When Would it be a good idea for you to Look for Help from a Criminal Legal counselor?
