Bangladesh and Botswana have shown interest to expand the bilateral economic activities between the two countries and have been taking necessary steps in this regard. Botswana has urged Bangladesh to set up joint venture textile industries in the country. Botswana has also sought Bangladesh's assistance in developing its pharmaceutical sector. In 2009, a high profile business delegation from Bangladesh led by former president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) Fazlul Haque paid a visit to Botswana to explore potential ways for increasing bilateral trade and investment. In the same year, an MoU was signed between Bangladesh and Botswana to promote collaboration in capacity building, exchange of economic and commercial information, export development, image building and investment on small medium and micro enterprises (SMME). In 2013, another delegation from the Commerce Ministry of Bangladesh paid an official visit to Botswana.
Botswana has proposed to sign an agreement in the fields of sports and culture with Bangladesh. Former President of Botswana, Festus Gontebanye Mogae expressed his desire to have Bangladesh's support and cooperation in developing the quality of cricket of Botswana. Botswana has also stressed on the employment of Bangladeshi agriculturists in Botswana to develop its agricultural sector.