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.
Land of a Million Elephants. In ancient times, Laos was poetically known as the 'land of a million elephants', but cynical Vietnam War correspondents renamed it the 'land of a million irrelevants'. But four decades after the war, Laos is becoming an increasingly relevant destination for the intrepid traveller.