Originally from World Arbitration Reporter (WAR) - 2nd Edition

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LAO PDR
Danyel Thomson, Lasonexay Chanthavong
and Brennan Coleman∗
I. INTRODUCTION: ARBITRATION IN LAO PDR –
HISTORY AND INFRASTRUCTURE
A. History and Current Legislation on Arbitration
1. Historical evolution of law relating to arbitration
In 1994, the Decree on Economic Dispute Resolution (No.
106/PM, 15 July 1994) was issued to set out the organization and
activities of the Office of Economic, Business and Commercial
Disputes Resolution with the stated purpose of educating business
operators to comply with the law, to encourage business operations
and to contribute to the expansion of the national economy. In 2005,
the Law on Resolution of Economic Disputes (No. 02/NA, 19 May
2005) was issued to set out principles, regulations and measures
regarding the resolution of economic disputes by mediators or
arbitrators in order to ensure that economic disputes are solved
fairly and speedily. In 2010, the Law on Resolution of Economic
Disputes (No. 06/NA, 17 December 2010) was issued to replace the
2005 Economic Dispute Resolution Law. The 2010 Economic Dispute
Resolution Law sets out the principles, regulations and measures
regarding the organization, activities, management and inspection of
the resolution of economic disputes in order to ensure that disputes
are solved peacefully, fairly and speedily.
2. Current law
a) Domestic arbitration law
Mediation and arbitration proceedings that take place in the Lao
PDR are governed by the Law on Resolution of Economic Disputes
(No. 06/NA, 17 December 2010) (“Economic Dispute Resolution
Law” or “Law”).