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· April 29, 1965 Established Diplomatic Relations with the Republic of Korea
· 1973 Established a Resident Korea Embassy in the Bolivarian Republic of Venezuela
· 1974 Established Diplomatic Relations with the Democratic People’s Republic of Korea
· 1983 Established a Resident Embassy of the Bolivarian Republic of Venezuela in Seoul, Korea
· 1993 The culture agreement was in effect
· 1995 Agreement on Science and Technology Cooperation between Venezuela and Korea
· 1997 Memorandum on the High Level Political Consultation
· 2006 Agreement to Avoid Double Taxation between Venezuela and Korea

Korea and Venezuela, since they established diplomatic relations in 1965, have come increasing and narrowing their political, economic and cultural relations, which has allowed that both countries have a frame in basic agreements, like the Cultural Agreement (1993), the Agreement of Scientific and Technological Cooperation (1995) and the Memorandum of Understanding on Consultations of High Political Level (1997).