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Zuma heads to Brazil for Brics summit

The sixth summit will focus on the much anticipated BRICS development bank.

FILE: President Jacob Zuma is heading to Brazil this weekend for a BRICS summit. Picture: Reinart Toerien/EWN

PRETORIA - President Jacob Zuma is heading to Brazil this weekend with five members of his Cabinet for the summit of nations driving the developing world known as Brics.

En route to that meeting, Zuma will be in Rio for Sunday's World Cup final between Germany and Argentina.

The sixth summit of leaders from Brazil, Russia, India, China and South Africa will be held in the northern Brazilian city of Fortaleza on Tuesday, moving to the capital Brasilia on Wednesday.

Its highlight will be the launch of the $100 billion Brics development bank that will finance infrastructure projects in the developing world.

Zuma will be accompanied by a trade delegation to the Brazilian gathering.

His Cabinet team comprises the ministers of international relations and cooperation, finance, trade and industry, state security and energy.

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