diff --git a/.changes/1.34.86.json b/.changes/1.34.86.json
new file mode 100644
index 0000000000..159efe78d5
--- /dev/null
+++ b/.changes/1.34.86.json
@@ -0,0 +1,12 @@
+[
+  {
+    "category": "``ec2``",
+    "description": "[``botocore``] Documentation updates for Elastic Compute Cloud (EC2).",
+    "type": "api-change"
+  },
+  {
+    "category": "``qbusiness``",
+    "description": "[``botocore``] This release adds support for IAM Identity Center (IDC) as the identity gateway for Q Business. It also allows users to provide an explicit intent for Q Business to identify how the Chat request should be handled.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 97516199ad..cba087f6dd 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,13 @@
 CHANGELOG
 =========
 
+1.34.86
+=======
+
+* api-change:``ec2``: [``botocore``] Documentation updates for Elastic Compute Cloud (EC2).
+* api-change:``qbusiness``: [``botocore``] This release adds support for IAM Identity Center (IDC) as the identity gateway for Q Business. It also allows users to provide an explicit intent for Q Business to identify how the Chat request should be handled.
+
+
 1.34.85
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index 8528cf3306..00685804dc 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -17,7 +17,7 @@
 from boto3.session import Session
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.34.85'
+__version__ = '1.34.86'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index c42354ff95..d264ec6917 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.34.85,<1.35.0
+    botocore>=1.34.86,<1.35.0
     jmespath>=0.7.1,<2.0.0
     s3transfer>=0.10.0,<0.11.0
 
diff --git a/setup.py b/setup.py
index 882499f94b..f8683c8b1c 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 
 requires = [
-    'botocore>=1.34.85,<1.35.0',
+    'botocore>=1.34.86,<1.35.0',
     'jmespath>=0.7.1,<2.0.0',
     's3transfer>=0.10.0,<0.11.0',
 ]