Imposition of sanctions with respect to foreign governments contributing to opioid trafficking

Section 7212 of the Fentanyl Sanctions Act (21 U.S.C. 2312) is amended— (1) by striking The President and inserting the following: (a) Foreign opioid traffickers The President; and (2) by adding at the end the following: (b) Foreign governments The President may impose one or more of the sanctions described in section 7213 with respect to each political subdivision, agency, or instrumentality of a foreign government, including any financial institution owned or controlled by a foreign government, that the President determines has knowingly on or after the date of the enactment of the Nitazene Sanctions Act — (1) engaged in a significant activity or a significant financial transaction that has materially contributed to opioid trafficking; (2) provided support for industries involved in the development of precursors for synthetic opioids; or (3) provided support for the transport of such precursors..