Musharraf was scheduled to leave for the Games opening ceremony on Wednesday, Aug 6, Foreign Ministry spokesman Mohammad Sadiq said, without giving a reason for the cancellation. Ruling Pakistan Peoples Party(PPP) co-chairman Asif Ali Zardari and former Prime Minister Nawaz Sharif, head of the second- biggest party PML-N, will include junior coalition partners in talks in Islamabad to discuss removing Musharraf. The two leaders agreed on Tuesday, Aug 5 to seek the President's ouster, The News and Dawn newspapers reported.
The alliance leaders will formally ask Musharraf to resign or face impeachment, Dawn reported, citing unidentified party officials. The alliance needs the support of two-thirds of lawmakers in both houses of Parliament to impeach the President, who turns 65 next week.
Maulana Fazl-ur-Rehman, the leader of the Jamiat Ulema-e- Islam party, and Asfandyar Wali, who heads the Awami National Party, will participate in meeting, according to a statement released by PPP.
George W Bush, the President of United States chose Musharraf as a key ally after the Sept 11 terrorist attacks in 2001. Pakistan's western border with Afghanistan is a base for al-Qaeda and Taliban militants, according to the US.
Due to this, emotions are reflecting the Pakistan Stock Market. Stocks slumped amid the reports of impeachment.