On April 8, Russian President Vladimir Putin called the head of Azerbaijan Ilham Aliyev.  As reported by the press services of both presidents, the parties discussed the situation around Nagorno-Karabakh, and further stabilization in accordance with the Statements of the leaders of Russia, Azerbaijan and Armenia dated November 9, 2020 and January 11, 2021, according to news agency Turan.

Companies from Uzbekistan and Russia agreed to implement 33 projects worth $2.2 billion in various sectors of Uzbekistan’s economy following a three-day visit of the biggest ever Russian business delegation to the Central Asian country. Russia is Uzbekistan's second largest trade partner and the ties between Moscow and Tashkent have warmed up since President Shavkat Mirziyoyev came to power four years ago. Last year Uzbekistan obtained observer status at the Russia-led Eurasian Economic Union.

Uzbekistan plans to boost the capacity of its renewable energy projects and aims to attract $1.8 billion investment to develop the largest wind farm in Central Asia, in a move to produce clean energy, strengthen the security of supply and combat climate change.

Uzbekistan has appointed Deloitte, Grant Thornton, and KPMG to advise the State Assets Management Agency (UzSAMA) on the sale of 18 state-owned enterprises and ensure transparency in the privatisation process.

Uzbekistan has put several major state-owned real estate assets up for sale, offering them to domestic and foreign investors as a part of the government’s programme to reform the economy.