diff --git a/airflow/providers/amazon/provider.yaml b/airflow/providers/amazon/provider.yaml
index fb010739e4685..dd5d4e0abcbd4 100644
--- a/airflow/providers/amazon/provider.yaml
+++ b/airflow/providers/amazon/provider.yaml
@@ -81,23 +81,15 @@ dependencies:
   - apache-airflow-providers-common-sql>=1.3.1
   - apache-airflow-providers-http
   # We should update minimum version of boto3 and here regularly to avoid `pip` backtracking with the number
-  # of candidates to consider. We should also make sure that all the below related packages have also the
-  # same minimum version specified. Boto3 1.28.0 has been released on July 6 2023. We should also make sure we
-  # set it to the version that `aiobotocore` supports (see `aiobotocore` optional dependency at the end
-  # of this file). Currently we set aiobotocore as minimum 2.5.3 - as this is was the first version
-  # that supported boto3 1.28.
-  # NOTE!!! BEFORE botocore 1.33 BOTOCORE VERSIONS ARE SHIFTED BY 3 MINOR VERSIONS
-  # NOTE!!! Make sure to update _MIN_BOTO3_VERSION in setup.py when you update it here
-  - boto3>=1.28.0
-  # NOTE!!! BEFORE botocore 1.33 version is always shifted by 3 MINOR VERSIONS from boto3, see:
-  # - https://github.com/boto/boto3/issues/2702
-  # - https://github.com/boto/boto3/blob/a3e710df58676c2567b8023dbe09025ad5e0e50f/.changes/1.33.0.json#L13-L15
-  - botocore>=1.31.0
+  # of candidates to consider. Make sure to configure boto3 version here as well as in all the tools below
+  # in the `devel-dependencies` section to be the same minimum version.
+  - boto3>=1.33.0
+  - botocore>=1.33.0
   - inflection>=0.5.1
   # Allow a wider range of watchtower versions for flexibility among users
   - watchtower>=2.0.1,<4
   - jsonpath_ng>=1.5.3
-  - redshift_connector>=2.0.888
+  - redshift_connector>=2.0.918
   - sqlalchemy_redshift>=0.8.6
   - asgiref
 
diff --git a/generated/provider_dependencies.json b/generated/provider_dependencies.json
index aa4274e41edbd..1833e65f96dcf 100644
--- a/generated/provider_dependencies.json
+++ b/generated/provider_dependencies.json
@@ -27,11 +27,11 @@
       "apache-airflow-providers-http",
       "apache-airflow>=2.6.0",
       "asgiref",
-      "boto3>=1.28.0",
-      "botocore>=1.31.0",
+      "boto3>=1.33.0",
+      "botocore>=1.33.0",
       "inflection>=0.5.1",
       "jsonpath_ng>=1.5.3",
-      "redshift_connector>=2.0.888",
+      "redshift_connector>=2.0.918",
       "sqlalchemy_redshift>=0.8.6",
       "watchtower>=2.0.1,<4"
     ],
diff --git a/setup.py b/setup.py
index 60fcf88724240..047326f0c656f 100644
--- a/setup.py
+++ b/setup.py
@@ -411,15 +411,15 @@ def write_version(filename: str = str(AIRFLOW_SOURCES_ROOT / "airflow" / "git_ve
 ]
 
 # make sure to update providers/amazon/provider.yaml botocore min version when you update it here
-_MIN_BOTO3_VERSION = "1.28.0"
+_MIN_BOTO3_VERSION = "1.33.0"
 
 _devel_only_amazon = [
-    "aws_xray_sdk",
-    "moto[cloudformation,glue]>=4.2.9",
+    "aws_xray_sdk>=2.12.0",
+    "moto[cloudformation,glue]>=4.2.12",
+    f"mypy-boto3-appflow>={_MIN_BOTO3_VERSION}",
     f"mypy-boto3-rds>={_MIN_BOTO3_VERSION}",
     f"mypy-boto3-redshift-data>={_MIN_BOTO3_VERSION}",
     f"mypy-boto3-s3>={_MIN_BOTO3_VERSION}",
-    f"mypy-boto3-appflow>={_MIN_BOTO3_VERSION}",
 ]
 
 _devel_only_azure = [