The EU has a long history of partnership with Botswana. Cooperation efforts under the 10th European Development Fund focus primarily on human resources development, identified as a crucial element to foster economic diversification and growth. Details can be found in the Country Strategy Paper and National Indicative Programme , covering the period 2008 to 2013 with a budget allocation of €77.3 M. This initial budget has been topped up by 20 % or €14.6 M in the Mid-Term Review of the 10th EDF, following Botswana's good performance in the governance, economic and social sectors, as well as in the implementation of cooperation.
Additionally, Botswana received allocations of €10.5 M and €26.68 M to compensate for its export losses in 2008 and 2009 respectively, through the FLEX mechanism.
As part of the Southern Africa Development Community (SADC) constellation, Botswana has concluded an interim Economic Partnership Agreement (iEPA) with the EU, and negotiations towards a full EPA are ongoing.