Caribbean and Latin America Maritime Security Initiative Act of 2024

This bill establishes the Caribbean and Latin America Maritime Security Initiative to combat illegal, unreported, and unregulated (IUU) fishing in the region. It requires cooperation between the Departments of Defense, Homeland Security, and State to strengthen maritime security partnerships with Caribbean and Latin American countries. The initiative focuses on enhancing partner countries' capabilities for fisheries management, promoting vessel tracking systems on fishing vessels, and documenting unauthorized fishing activities. The bill also authorizes sanctions against foreign entities involved in IUU fishing, including blocking property, denying U.S. entry, and prohibiting access to U.S. ports. These measures aim to protect marine resources, support sustainable fisheries, and uphold international maritime law.