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.
Laos country profile. Read more about sharing. Landlocked Laos is one of the world's few remaining communist states and one of East Asia's poorest. A French colony until the 1953, the power struggle which ensued between royalists and the communist group Pathet Lao also saw the country caught up in the Vietnam War. Communist forces overthrew the monarchy in 1975, heralding years of isolation.