Russian President Vladimir Putin said the economies of Uzbekistan and Kazakhstan are developing rapidly and confirmed that Moscow is pursuing new investment projects with both countries.
Putin made the remarks during a press conference with journalists on May 9 following meetings with foreign leaders in Moscow.
“The same process is taking place with the rapidly developing economies of Kazakhstan and Uzbekistan. We have good plans, including investment projects,” the Russian president expressed.
Putin also commented on his talks with Uzbek President Shavkat Mirziyoyev and Kazakh President Kassym-Jomart Tokayev.
According to the Russian leader, the discussions primarily focused on bilateral relations and cooperation with Moscow’s closest allies and partners.
“Of course, we discussed bilateral relations. Our ties with our closest allies and partners — Belarus, Kazakhstan and Uzbekistan — are of primary importance,” Putin said.
The comments came during celebrations marking the 81st anniversary of victory in World War II.
On May 9, Moscow’s Red Square hosted the annual Victory Day parade which was attended by several foreign leaders, including Uzbekistan's President Shavkat Mirziyoyev and Kazakhstan President Kassym-Jomart Tokayev.
Presidents of both countries also held talks with Putin in Moscow separately, where the sides discussed trade, investment, tourism and humanitarian cooperation.
Russia remains one of the largest trade and investment partners for both Uzbekistan and Kazakhstan, particularly in energy, industry, transport and infrastructure projects. Uzbek and Russian officials highlighted growing economic cooperation, with bilateral trade turnover rising 12.5% in 2025 to nearly $13bn..
