In 29 July 2024, Venezuela announced the breakdown of all diplomatic relations with Argentina, as because of the staunch stance of the Argentine government about fraud reports that occurred in 2024 Venezuelan presidential election, among critical differences between both leaders' ideologies Nicolas Maduro and Javier Milei.

"[3] The two presidents signed deals intended to see Venezuela import leather, machinery and poultry from Argentina, whilst a rice importation agreement was described by the Argentine President as "the biggest ever in Argentina's history".

[3] In February 2024, a Venezuelan Boeing 747, belonging to Conviasa subsidiary Emtrasur, was seized from Argentina's Ezeiza International Airport in Buenos Aires and flown to Miami, sparking off a diplomatic crisis.

[4] In March 2024, Argentina announced diplomatic actions against Venezuela after President Nicolás Maduro banned Argentine-licensed aircraft from accessing Venezuelan airspace amid increasing deteriorating relations between the two countries.

[5] During the 1970s and 1980s, a sizeable number of Argentines migrated to Venezuela, escaping the military dictatorship and the country's economic woes.