"Luis Suarez has been given the all clear this Thursday," his club, Barcelona, said in a statement. "The Uruguayan striker has satisfactorily completed the recuperation process."
Suarez injured his knee in the Spanish Supercopa final against Real Madrid on Aug. 16 and missed the first two leagues matches of the season.
He was expected to sit out the home game against Argentina and Monday’s visit to Paraguay.
However, local media said he would start Thursday’s crunch match.
Argentina are in fifth place in the South American qualifying group, one place outside the automatic qualifiers for Russia 2018, a point behind fourth-placed Chile.
Uruguay sit just one point above them in third place, on the same number of points as Chile, who play struggling Paraguay at home.