The Permanent Court of Arbitration in the Hague is continuing proceedings on the suit of businessman Ihor Kolomoisky and Belbek Airport (Crimea) against the Russian Federation despite non-participation of the defendant.

According to a press release from the arbitration, the plaintiffs provide answers to the arbitral tribunal's questions, the date of hearings on jurisdiction and admissibility has been determined. The hearing will be held simultaneously with the hearing on the case of PJSC PrivatBank and Finilon LLC Financial Company against the Russian Federation on July 12-14, 2016.

Earlier, the tribunal, inter alia, decided that the proceedings would continue despite the respondent's [Russia] failure to provide statements of defense. The tribunal also decided to continue consideration of the case on the basis of dualized proceedings and address the issues of jurisdiction and admissibility in the preliminary procedure.

The tribunal posed questions to the parties on December 18, 2015, February 29, 2016, and the plaintiffs have provided answers to the questions of the arbitral tribunal, however the defendant - the Russian Federation - has not provided any answers to questions within the determined period (until February 29, 2016).

Russia also has not provided answers in the case of PrivatBank and Finilon against Russia.