19.2 The parties agree that any suits, actions or proceedings that may be instituted by any party shall be initiated exclusively before the Thai Arbitration Institute, Office of the Judiciary according to the Arbitration Rules applicable at the time of submission of the dispute to arbitration and the conduct of the arbitration thereof shall be under the auspices of the Thai Arbitration Institute. The seat of arbitration shall be Bangkok. The language to be used in the arbitration shall be English.