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
Iran denies launching ballistic missiles towards Kurdistan region of Iraq - 2'Outrageous and illegal' : UNRWA slams Israel for cutting off its water, comms and electric in Gaza
- 3Top 15 Style Creators Changing the Business
- 4Holden Commodore Turbo BT1 Police Interceptor Offered for Sale in Australia
- 5Ukraine's naval drones are gunning for Russia's 'shadow fleet.' A security source says a tanker just suffered a critical hit.
- Bombardier Global 8000 Enters Service
- The Development of Shipping: Controlling Towards a More Associated Future
- From Fledgling to Master: Self-awareness in a Side interest
- Hunger and makeshift shelters persist in north Caribbean nearly 2 months after Hurricane Melissa
- Great DSLR Cameras for Photography Devotees
- Vote in favor of Your #1 sort of pie
- Illegal entries into Germany halve over two years, border police say
- Crew-11 astronauts undock in 1st-ever medical evacuation from the International Space Station (video)
- 10 times the sky amazed us in 2025
