This report is SFG's contribution to the India Bangladesh discourse on water relations drawn from our deep experience in water diplomacy around the world and particularly in Asia, the Middle East and Africa. In addition, our experience and base in South Asia has helped us to have incisive understanding of the local realities in the two countries. Thus, this report is a result of our worldwide exposure to hydro diplomacy and insight in regional realities. We particularly benefitted from a roundtable held on 1-2 July 2013 in Mumbai attended by representatives of ruling establishments and opposition parties as well as eminent experts from India and Bangladesh.