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.
The Lao are a Tai ethnic group native to Southeast Asia, who speak the eponymous language of the TaiâKadai group. Originating from present-day southern China, they are the majority ethnic group of Laos, at 53.2%. The majority of Lao people adhere to Theravada Buddhism.