Venezuela breaks ties with Panama over "conspiracy"

CARACAS Wed Mar 5, 2014 10:15pm GMT

Venezuelan President Nicolas Maduro arrives at a military parade to commemorate the first anniversary of the death of Venezuela's late president Hugo Chavez in Caracas March 5, 2014. REUTERS/Jorge Silva

Venezuelan President Nicolas Maduro arrives at a military parade to commemorate the first anniversary of the death of Venezuela's late president Hugo Chavez in Caracas March 5, 2014.

Credit: Reuters/Jorge Silva

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CARACAS (Reuters) - Venezuela's President Nicolas Maduro said on Wednesday he was breaking diplomatic and commercial relations with the Panamanian government due to a "conspiracy" against him.

"We're not going to let anyone get away with interfering with our fatherland, you despicable lackey, president of Panama," Maduro said in a speech to commemorate the anniversary of late socialist leader Hugo Chavez's death.

(Reporting by Andrew Cawthorne and Eyanir Chinea; Editing by Chris Reese)

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