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
Euclid space telescope sees gorgeous cosmic cloud | Space photo of the day for Nov. 18, 2025 - 2NATO needs Ukraine's 'adaptation DNA' and an 'HOV lane' for new war tech, top commander says
- 3'Every day I planned an escape': Ariel Cunio shares details of Hamas captivity
- 4Cocoa Prices Undercut Amid the Prospects of Abundant Supplies
- 5Exposure to neighborhood violence leads some Denver teens to use tobacco and alcohol earlier, new study shows
- World leaders, rights groups react to COP30 climate deal
- KJ Apa stars as Jimmy Stewart in new biopic: See his transformation
- 'We are ready': NASA still on track to launch Artemis 2 astronauts to the moon April 1
- An Ideal Getaway - Spots for Solo Travel
- Lucky airplane passengers capture NASA's Artemis 2 moon launch from the sky
- The most effective method to Recognize a Great Lab Jewel
- I decided to become a single mother by choice. I wasn't ready to stop dating.
- What to know about new CDC deputy director who has been critical of COVID vaccines
- Ukrainian drones hit all three Baltic States − did Russia redirect them?
