The Joint Forum has issued a lot of documents on financial conglomerates after their foundation, which aims at steadily operation supervision.

The forum should hammer out rules for a joint "crisis management mechanism" between the 27-nation bloc and Russia that could be both civilian and military in nature, Merkel said.

As many of you may know, the Boao Forum Secretariat and the World Bank have agreed to collaborate on a joint program of economic studies on regional cooperation in Asia.