At the St. Petersburg International Economic Forum (SPIEF), which took place from June 3-6, Uzbekistan's Deputy Prime Minister Jamshid Khodjayev engaged in crucial discussions with major Russian energy companies, including Gazprom, Gazprom Neft, and Rosneft. The meetings aimed to explore prospects for collaboration in energy and industrial sectors, emphasizing the significance of sustainable partnerships for Uzbekistan's industrial growth and energy security. Khodjayev highlighted the ongoing cooperation with Gazprom, particularly regarding gas supply reliability and the strategic memorandum of cooperation in the energy sector. Additionally, discussions with Rosneft's CEO Igor Sechin focused on potential areas for collaboration in the fuel and energy sector. Khodjayev also met with Alexander Beglov, the Governor of St. Petersburg, to discuss enhancing interregional cooperation and business ties between Uzbekistan and St. Petersburg. The forum serves as a platform for shaping new models of global development amid economic transformations.