Wide-ranging changes are currently being undertaken in the Far East. Following the initiation of the eight-point cooperation plan between Japan and Russia and the implementation of Russian government policy to develop the region, the Far East now serves as a platform to spearhead new Russian-Japanese business development, and this process is set to accelerate with the development of new major sea and land transport corridors. One of these corridors is the Northern Sea Route, through which it is planned to supply valuable Russian energy resources to Asia produced primarily under the Arctic LNG 2 project. Following an agreement reached in June between the leaders of the two countries, a Japanese consortium will have a 10% stake in the project. As a result, the Far East is set to play a vital role as a link between the Arctic and Asia. Joint Russian-Japanese projects have benefited greatly from the Trans Siberian Railway, which connects continental and Pacific Russia, and its importance as a major transport artery is set to grow further. An increase in the efficiency and capacity of the Trans-Siberian Railway, connecting the Far East not only with Moscow, but also with European countries, will contribute to a large-scale increase in passenger and cargo flows across the entire Eurasian continent, which will bring about a radical transformation of the economy of the Far East. What other opportunities can Russian-Japanese business benefit from in the Far East? What new opportunities for bilateral cooperation are opening up for Russia and Japan in the Far East, in view of the wide-ranging changes to the largest transport corridors? What is the current status of new investment projects? What measures could be taken to increase the number of successful projects? How can we establish a constructive and effective dialogue with investors? What is the scope for joint projects in other areas? What challenges will Russian-Japanese business encounter in the Far East under the emerging new conditions?