of the said category shipped from the Republic of Korea paragraph 4 being applied , the Korean authorities undertakebefore the date on which the request for consultations was to issue export licences for products covered by contractssubmitted . concluded before the introduction of the quantitative limit , up to the volume of the quantitative limit fixed for the current3. Pending a mutually satisfactory solution , the Republic year .of Korea undertakes from the date of notification of therequest for consultations to limit exports of the products in 10 . Up to the date of communication of the statisticsthe category concerned to the Community or to the region or referred to in Article 9(6 ) the provisions of paragraph 2 shallregions of the Community market specified by the apply on the basis of the annual statistics previouslyCommunity for a provisional period of three months from communicated by the Community .the date on which the request for consultations is made . Suchprovisional limit shall be established at 25 % of the level of 11 . The provisions of this Agreement which concernimports reached during the calendar year preceding that in exports of products subject to the quantitative limitswhich imports exceeded the level resulting from the established in Annex II shall also apply to products for whichapplication of the formula set out in paragraph 2 , and gave quantitative limits are introduced under this Article.rise to the request for consultations , or 25 % of the levelresulting from the application of the formula set out inparagraph 2 , whichever is the higher . Article 8However , in exceptionally grave circumstances , following a 1. Where the Community ascertains that the level ofrequest by the Community , and pending a mutually imports in a given category of Group I subject to quantitativesatisfactory solution , the Republic of Korea undertakes to limits set out in Annex II exceeds in any Agreement year thesuspend at the level indicated by the Community export of level of imports in the preceding year by 10 % of the level ofthe products in the category concerned to the Community or the quantitative limit set out in Annex II for the currentto the regions of the Community market specified by the Agreement year , it may request the opening of consultationsCommunity . in accordance with the provisions described in Article 16 of this Agreement with a view to reaching agreement on :4. Should the Parties be unable in the course of