A meeting was held with YEKA Environmental Solution, Australia on 16th February 2021 to develop a relationship to transfer the knowledge and other value additions in the gem industry between Sri Lanka and Ethiopia. The purpose of the meeting is to establish mutually beneficial links through sharing the expertise knowledge with Ministry of Mines and Petroleum staff and interested stakeholders in Ethiopia via skill transfer from skilled Sri Lankan gemologists and gem industry experts. The collaboration will be continued under the support and assistance of the University Business Linkage Cell and the gemologists of the Faculty of Applied Sciences. The 2nd meeting was held with YEKA Environmental Solution, Australia on 16th March 2021 to resume the discussion and the participants have agreed to enter into an International MoU between Sri Lanka and Ethiopia.