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.
Instructions to Expand Your Smash 1500's Presentation: Tips and Deceives- 4K televisions for Extreme Film Watching Experience
- Pacific voyagers’ remarkable environmental knowledge allowed for long-distance navigation without Western technology
- James Webb Space Telescope's mysterious 'little red dots' may be black holes in disguise
- 'Zootopia 2' movie reviews: A heartwarming, hysterical and earnest 'ode to community'
- South Africa collects record $117B tax haul
- A Manual for Nations to Head out To
- Physicists and philosophers have long struggled to understand the nature of time: Here's why
- NASA Artemis 2 astronauts to make historic moon flyby today. Here's what to expect hour by hour (timeline)
