Panama says will remove ambassador from Venezuela
Panama says will remove ambassador from Venezuela
The government of Panama said on Thursday that it would remove its ambassador from Venezuela and asked the crisis-stricken OPEC country to withdraw its ambassador from Panama as well, reflecting the escalating tensions between the countries.
In a statement issued on Thursday evening, Panama said the move was a response to Venezuela`s decision to halt commercial relations with a host of Panamanian officials and companies, including airline Copa and President Juan Carlos Varela, for alleged involvement in money laundering.
Last month, Panama included Venezuelan President Nicolas Maduro on a list of Venezuelan nationals who are considered "high risk" for money laundering.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.