The main purpose of the Protecting Europe from Antisemitic Crime and Extremism Act, also known as the PEACE Act, is to address the rising threat of antisemitism and related acts of international terrorism in Europe. The Act emphasizes the importance of these issues to U.S. foreign policy and aims to enhance cooperation between the United States and European countries in combating antisemitism. Key provisions of the Act require the Assistant Secretary for European and Eurasian Affairs, along with other relevant officials, to evaluate the ongoing threat of antisemitism in Europe.