You are here: Home » News-IANS » Politics
Business Standard

Zuma's fate will not affect Brics Summit: Experts

IANS  |  Cape Town 

The potential removal of South African is unlikely to impact the 10th Summit scheduled for July, experts said.

The 10th annual diplomatic meeting of the group of major emerging economies -- Brazil, Russia, India, and -- is set to come up in between July 25-27.

South Africa's ruling party on Tuesday had ordered to step down as the after marathon talks over the fate of the leader.

The potential dismissal of the President, according to experts, will not impede the 10th meet in South Africa, which takes over the rotating chairmanship of the group in 2018.

"The exit (Zexit) will not affect the summit. A new will convene the summit and the programmes will continue," Gwinyai Dzinesa, a at the based in Capetown, told on Tuesday.

The summit scheduled in the will see push forward the programmes of development and prosperity.

had earlier requested a three-month "notice period" before he submits his unconditional resignation, said. His proposal was shot down by the committee.

will not allow the summit to abort, said Ngqabutho Nicholas Mabhena, a at the

"The mechanism has strengthened cooperation for institutional development, which saw the creation of the (NDB) and the newly launched in Johannesburg," Mabhena added.

He also said is willing to see countries help each other with inclusive economic growth, value-added multilateral trade and investment in productive sectors.

Since joined the group in 2011, the country has scored major achievements.

Gerry Thomas, the of Krispy Kreme, a famous South African food producer, said the summit was important and "its organisation will be an important milestone towards building stronger solidarity and cooperation among the emerging markets."

Magashule also said on Tuesday that has not been given a deadline to resign but was expected to respond to the recall on Wednesday.

As uncertainty over Zuma's future continues, the South African had to postpone a cabinet meeting scheduled for Wednesday.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 14 2018. 12:26 IST