According to a release from the Kyrgyzstan Ministry of Economy, Kyrgyzstan officials met with officials from Japan on 29 August 2016 to discuss strengthening bilateral cooperation in the areas of trade and investment, including the negotiation of an income and capital tax treaty. Any resulting treaty would need to be finalized, signed and ratified before entering into force, and once in force and effective, would replace the 1986 tax treaty between Japan and the former Soviet Union, which Japan continues to apply in respect of Kyrgyzstan.