Diplomats said they expected the proposed measure to win at least nine votes in the council, forcing a veto to block its adoption.
On February 25, Venezuelan Foreign Minister stated that a meeting between Maduro and Trump would facilitate the regulation of a political crisis in Venezuela.
Venezuela's opposition leader Juan Guaido is due to meet Brazilian President Jair Bolsonaro in Brasilia late Wednesday, sources from both camps said.
The draft resolution, seen by AFP, calls for "free, fair and credible presidential elections", with the presence of global observers, and describes the May vote in which Maduro was declared the victor as "neither free nor fair".
Guaido met U.S. Vice President Mike Pence at a Lima Group meeting with regional allies in Bogota on Monday, after which he said he would return home this week, despite having received threats.
A top Russian security official accused the United States on Tuesday of deploying troops in Colombia and Puerto Rico ahead of a planned military intervention in Venezuela to topple President Nicolas Maduro.
Dozens of European and Latin American diplomats abruptly walked out of the U.N.'s top human rights body on Wednesday to protest an address by Venezuela's foreign minister, where he floated the idea of talks between President Nicolas Maduro and U.S. President Donald Trump.
Bloody violence erupted at Venezuela's blockaged border last weekend as the country's security forces cracked down on opposition supporters trying to bring aid supplies across the bridge.
Russian Federation and China, which have had close relations with Maduro over the years, have repeatedly warned against any foreign interference in Venezuela, while Washington has backed the opposition leader.
"The only thing to discuss with Maduro at this point is the time and date for his departure", Pence tweeted.
Russian Federation had circulated a rival draft resolution "expressing concern over the threats to use force" against Venezuela and "to intervene" in its domestic matters.
Russian Ambassador Ambassador Vassily Nebenzya on February 26 called the attempt by the Venezuelan opposition to carry in aid shipments from Colombia nothing but a "humanitarian show" put on by Washington.