The Venezuelan government on Monday rejected what it called a "ridiculous" US plan to designate the "nonexistent" Cartel de los Soles a terrorist organization, according to a statement.

The United States plans on Monday to designate the Cartel de los Soles a foreign terrorist organization for its alleged role in importing illegal drugs into the US, officials have said.

The Trump administration has accused Venezuelan President Nicolas Maduro of leading Cartel de los Soles, which he denies.