Thank you. I think that's a great question.
I think that the lessons of the Central Arctic Ocean Fisheries Agreement are important here, because very unlikely allies were able to come together to agree on an area of mutual strategic interest. It's not often that you get the U.S. and Russia signing on to the same agreements. I think this is an example of when everyone has collective interest and also collective risk, and you can then come to an agreement to proceed with caution, which is really what the Central Arctic Ocean Fisheries Agreement is.
I would say that a new agreement basically sets out the rules for what people can do and what they can't do in a space. Then it sets out a process for determining when we might decide and what the rules are that would determine how we might ship through that region or not.
I think that creates a type of agreement that is different from a more political one.