
In the article some information about market relations‟ coming into being in Uzbekistan and Azerbaijan is given, and also the dynamics of bilateral collaboration of the two countries in trade- economic sphere is traced back. The information about the reasons impeding the development of these relations is given, the significance of bilateral interest of the countries to each other is revealed, which, as a result, led to mutually beneficial and fruitful collaboration between the two fraternal countries: Uzbekistan and Azerbaijan. The trade and economic relations of the Republic of Uzbekistan with the Republic of Azerbaijan were established in 1995, as a result of the establishment of diplomatic relations between the states. The intensification of relations began in 1996, when the TRACECA project arose, which contributed to the creation of the Transcaucasia corridor (via Turkmenistan to Baku and from there to Poti). In general, trade and economic relations between the Republic of Azerbaijan and the Republic of Uzbekistan are at a high enough level, cause mutual aspiration and interest of states to expand trade and economic relations in all possible spheres and directions.