An arbitration agreement is a contract by which the parties undertake to submit a present or future dispute to the decision of one or more arbitrators, to the exclusion of the courts.
2 â¢ LOCATION. Laos is a small landlocked country in Southeast Asia bordering on Thailand, Myanmar (Burma), China, Vietnam, and Cambodia. Laos has an area of about 91,400 square miles (236,800 square kilometers), roughly the size of Idaho.
In 2014, the population of Laos is estimated at 6.9 million, which ranks 106th in the world. The population is spread very unevenly in Laos, with most people living in the valleys of the Mekong River and tributaries. The capital city of Vientiane prefecture has an estimated population of 783,000.