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Nuclear Chiral EFT in the Precision Era

Chiral effective field theory has established itself as the method of choice to study nuclear forces and low-energy nuclear dynamics. I review the status and prospects of this approach and discuss ongoing efforts to advance the precision frontier for ab initio description of few-nucleon systems. Special emphasis is put on the precise determination of the two-nucleon force at fifth order in the chiral expansion, role of the chiral symmetry, the convergence pattern of the chiral expansion and the quantification of the theoretical uncertainties. The discussed topics are essential for ongoing studies towards elucidating the structure of the three-nucleon force which will be briefly addressed as well.