The Position Paper on Indus Water Treaty between Pakistan and India has been authored by Mr. Arshad H. Abbasi, for the benefit of Pakistani and Indian Parliamentarians joining the Pakistan-India Parliamentarians Dialogue-III, being facilitated by PILDAT. The paper aims to explore various prospects of the Indus Water Treaty between India and Pakistan, its implications and a possible way forward. There should be a better political will for normalising India-Pak water disputes but to enhance it for the benefit of public of both sides, and promote peaceful relations. As an independent Pakistani think-tank, PILDAT believes that while diplomatic channels for Dialogue must continue, Parliamentarians from both countries should be facilitated on both sides for a greater interaction and developing a better understanding for resolving issues that should lead diplomatic initiatives. It is for this objective that PILDAT has been facilitating Parliamentarians Dialogues.