The document discusses the natural synergy between water and energy, and how availability of both resources is essential for economic and social development. It notes that most countries in North Africa, Western and Central Asia have imbalances in their water resources and populations. There is a lack of comprehensive agreements over shared water sources such as the Tigris, Euphrates, and Nile Rivers. To prevent escalating conflicts, the document proposes creating a Community of Water and Energy where member countries can cooperatively manage their shared water and energy resources, similar to how the European Community developed cooperation after World War II.