category concerned so as to restrain exports to the Community or any of its regions to 125% of imports 3. The information referred to in paragraphs 1 and 2 attained during the preceding calendar year , or to the shall , for all categories of products , be transmitted before the level of exports up to the date of the request for end of the second month following the quarter to which the consultations plus the level of exports provided for statistics related . during the consultation period under paragraph 2 , whichever is the higher . 4. The Community shall transmit to the Hong Kong authorities import statistics for all products covered byIn the event that the provisions of this paragraph are applied , Article 7 , and for products covered by Article 5 ( 1 ).the Community undertakes to maintain an offer of equitableand quantifiable compensation . 5. The information referred to in paragraph 4 shall , for all categories of products , be transmitted before the end ofThe application of the measures provided for in this the third month following the quarter to which the statisticsparagraph is limited to the year in which the measures are relate .taken . 6. For the purpose of applying the provisions of Article 75. The provisions of paragraph 1 shall not apply to a and Article 8 , the Community undertakes to provide thegiven category unless the quantitative limits established in Hong Kong authorities before 15 April of each year with theAnnex II for the Community for that category represent at preceding year's statistics on imports of all textile productsleast 1 % of total Community imports during 1980 . covered by this Agreement , broken down by the supplying country and Community Member States .6. The provisions of paragraph 1 shall not apply to agiven category unless the level of imports originating in Hong 7. Should it be found on analysis of the informationKong during the current Agreement year represent at least exchanged above that there are significant discrepancies50% of the quantitative limit set out in Annex II for that between the returns for exports and those for imports ,category in the Community as a whole or in any region or consultations may be initiated in accordance with the