Its government believes the huge 2,492-carat stone is the biggest discovered in the country, and the second-biggest ever brought out of a mine.
Botswana says one of the largest diamonds ever found has been unearthed at one of its mines and will be put on show.
The weight would make it the largest diamond found in more than 100 years and the second-largest ever dug out of a mine after the Cullinan Diamond discovered in South Africa in 1905. Botswana is the second biggest producer of diamonds and has unearthed all of the world's biggest stones in recent years.
The two parties also agreed to extend the mining licenses by 25 years. The licenses will now run until 2054.
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