4. Should the Parties be unable in the course of — the suspension , wholly or in part , of the provisions ofconsultation to reach a satisfactory solution within the Article 6 , orperiod specified in Article 16 of the Agreement, theCommunity shall have the right to introduce a definitive — a modification of the quantitative limit set out in Annex IIquantitative limit at an annual level not lower than the level by the establishment of an ad hoc limit below the existingresulting from the application of the formula set out in quantitative limit ,paragraph 2, or 1 06 % of the level of imports reached duringthe calendar year preceding that in which imports exceeded — as . well as the corresponding equitable and quantifiablethe level resulting from the application of the formula set out compensation .in paragraph 2 and gave rise to the request for consultations , 2. The Community shall authorize the importation ofwhichever is the higher . products of the said category shipped from the Republic of Korea before the date on which the request for consultations [The annual level so fixed shall be revised upwards after was submitted .consultations in accordance with the procedure referred to in Article 16 , with a view to fulfilling the conditions set out in Pending a mutually satisfactory solution, the Republic of pararaph 2 , should the trend of total imports into the Korea undertakes for a period of one month from the date of Community of the product in question make this notification of the request for consultations , to restrain necessary . exports of the products in the category concerned to the Community or to the region or regions of the Community 5. The limits introduced under paragraph 2 or paragraph market specified by the Community to one-twelfth of the 4 may in no case be lower than the level of imports of level of exports reached during the preceding calendar products in that category originating in the Republic of year . Korea in 1980 .