The eight-point plan for economic cooperation presented at the May 2016 meeting between Russian President Vladimir Putin and Japanese Prime Minister Shinzō Abe identified the development of the Russian Far East as a priority in their bilateral relations. The Japanese Cabinets new initiative creates favourable conditions for expanding Japanese investment in projects based in Russia. For its part, the Russian Far East can offer Japanese companies the best investment climate in Advanced Special Economic Zones (ASEZs) and the Free Port of Vladivostok, as well as tax incentives and infrastructure support. Special ASEZs may be set up under the control of joint RussianJapanese ventures. Energy, transport infrastructure, healthcare, agriculture, and timber processing are all priority areas for RussianJapanese cooperation in the Russian Far East. What projects are already being implemented by Japanese companies in the Russian Far East, and how effective are these investments? What projects are being proposed by Russian companies for joint implementation with Japanese business? What economic and regulatory factors are constraining Japanese investment in Russia? What are the conditions and mechanisms for creating special ASEZs for Japanese investors under the control of RussianJapanese management companies?