President Alberto Fernández has presented BRICS-led New Development Bank President Dilma Rousseff with a formal letter kickstarting Argentina's incorporation into the trade bloc's multilateral financial institution. 

The meeting took place at the bank's Shanghai headquarters on Tuesday. Fernández is in China for the country's third Belt and Road Initiative forum for international cooperation, which is taking place on Tuesday and Wednesday.

The president announced in August that Argentina will be one of six countries to join BRICS, the trade bloc of emerging economies that currently includes Brazil, Russia, India, China, and South Africa, on January 1, 2024.