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 traces its history to the kingdom of Lan Xang, which existed from the 14th to the 18th century when it split into three kingdoms. In 1893, it became a French protectorate, with the three kingdoms â Luang Phrabang, Vientiane and Champasak â uniting to form what is now known as Laos.It briefly gained independence in 1945 after Japanese occupation, but returned to French rule until it was granted autonomy in 1949.he capital city is Vientiane. Other large cities include Luang Prabang, Savannakhet, and Pakse. The official language is Lao. Laos is a multi-ethnic country with the politically and culturally dominant Lao people making up approximately 60% of the population, mostly in the lowlands.