Janet Egan

And it's a very simple thing to switch on, which would greatly reduce export enforcement costs for the US government, increase enforcement, ensure that more chip exports can be approved because there's verification that they aren't ending up smuggled into the wrong jurisdictions.

And I think there's already legislation currently before Congress that thinks about this.

So the Chip Security Act is the key one here.

Tim, you've probably got a range of them too.

Yeah, everything you said sounds great, actually.

No, I think key things that really stick out to me that will make the world go well is I think we need more US-China engagement.

Yes, we need to be advancing the science with scientists at home.

But I think until there is that diplomatic channels to rebuild trust and to actually engage on the shared risks, we're going to be starting from a standing start and we need to be starting from a running start on these issues.

We've seen what happens when one country,

manages risks in a way that doesn't actually uphold the needs of other countries.

For example, the engagement around COVID-19 in the early days really left a lot to be desired.

And I think we need to be engaging now on best practices, on actually sharing some of the information about the risks here and engaging on what does a meaningful way forward look like where both actors are coming to the table and discussing these things at length.

Yeah, I think that really flags the stakes there because we are, you just said racing, Chistan, and I think that's exactly right.

The race dynamics are real, both between labs and then between countries.

And it means that a lot of the negative externalities aren't incorporated into like everyday risk management because there's such a need for speed.

And so actually having the means to slow down if the labs are pushing for that or reach agreements about what isn't helpful, I think is really important.

Thank you.

It's really great to be here.