1. The subject of the dispute was the appeal by Global Geo Invest LLC against the Decree of the President of Ukraine regarding the enactment of the decision of the National Security and Defense Council on the application of sanctions to the company, namely the annulment of licenses for subsoil use.<\/p>\n
2. The court refused to satisfy the claim, arguing that the President acted within his constitutional powers by enacting the decision of the National Security and Defense Council based on proposals from the Security Service of Ukraine, which revealed facts of illegal activity by the company to the detriment of the state’s interests. The court took into account that the sanctions were applied due to the non-use of special permits for subsoil use, which led to the blocking of mineral extraction and caused property losses to the state. The court also noted that the applied sanctions are not a form of responsibility, but are a restrictive measure to protect national interests. The court emphasized that the existence of a threat to national interests is an evaluative concept, and the President has discretion in assessing such threats, and judicial control is limited. The court also referred to previous decisions of the Grand Chamber of the Supreme Court, which had already considered similar cases and confirmed the legitimacy of applying sanctions to legal entities-residents if their activities pose a threat to national interests.<\/p>\n
3. The court decided to refuse the claim of Global Geo Invest LLC in full.<\/p>\n