lity, starting with the Рand China. Such efforts will be critical in what is likely to resumption of track 1 and 1.5 bilateral and multilateral Рbe an extended era of strategic competition. While the dialogues, and working toward more ambitious, long-Рchallenges are many, the opportunity to make progress term initiatives such as bilateral and multilateral arms Рis ripe, with the Biden administration expressing its control agreements that can help create a foundation Рcommitment in the March 2021 Interim National Security for the United States and China to compete and coexist РStrategic Guidance to “re-establish U.S. credibility as a peacefully in the decades ahead.РРР8 PEACEWORKS | NO. 172