Bill 118 s 5552, also known as the "Illicit Transnational Maritime Activity and Endangered Species Sanctions Act," aims to make changes to a provision that supports the execution of bilateral agreements related to illicit transnational maritime activity. The bill also grants the President the authority to impose sanctions in relation to illegal, unreported, or unregulated fishing, as well as the sale, supply, purchase, or transfer of endangered species.
The main goal of this bill is to combat illegal activities that threaten the health of our oceans and endanger various species of wildlife. By allowing the President to impose sanctions on those involved in these activities, the bill seeks to deter individuals and organizations from engaging in harmful practices that contribute to the decline of endangered species and the degradation of marine ecosystems.
Overall, the Illicit Transnational Maritime Activity and Endangered Species Sanctions Act is a proactive measure aimed at protecting our oceans and wildlife from exploitation and harm. It emphasizes the importance of international cooperation and enforcement in addressing these pressing issues.