Bangalore, Nov 29 (PTI): Ahead of the meeting with his Tamil Nadu counterpart J Jayalalithaa, Karnataka Chief Minister Jagadish Shettar today expressed confidence of solving the Cauvery water sharing stalemate.

"Both neighbouring states are in distress. We have to find a solution in the present circumstances. I am confident we would find so," he told reporters after unveiling the Karnataka Youth Policy-2012 here.

Jayalalithaa and Shettar are meeting here later today on the Cauvery water sharing row as per the Supreme Court advice.

This would be the second time in 15 years that the Chief Ministers of both the states meeting to hold talks on the water row after 1997 when M Karunanidhi and J H Patel met in Chennai.

Hearing the issue, the Supreme Court had on November 26 suggested that both Chief Ministers should give it a try and meet in a congenial manner and discuss the issue in the larger interest of farmers of both states.