4. Should the Parties be unable in the course of agreement on : consultations to reach a satisfactory solution within the period specified in Article 17 of the Agreement , the — the suspension , wholly or in part , of the provisions of Community shall have the right to introduce a definitive Article 7 , or quantitative limit at an annual level not lower than the level — a modification of the quantitative limit set out in Annex II resulting from the application of the formula set out in by the establishment of an ad hoc limit below the existing paragraph 2 , or 106 % of the level of imports reached during quantitative limit , the calendar year preceding that in which imports exceeded the level resulting from the application of the formula set out — as well as the corresponding equitable and quantifiable in paragraph 2 and gave rise to the request for consultations , compensation which constitutes a mutually acceptable whichever is the higher . solution . The annual level so fixed shall be revised upwards after 2. The Community shall authorize the importation of consultations in accordance with the procedure referred to in products of the said category shipped from Pakistan before Article 17 , with a view to fulfilling the conditions set out in the date on which the request for consultations was paragraph 2 , should the trend of total imports into the submitted . Community of the product in question make this necessary . Pending a mutually satisfactory solution , Pakistan undertakes for a period of one month from the date of 5. The limits introduced under paragraph 2 or paragraph notification of the request for consultations , to restrain 4 may in no case be lower than the level of imports of exports of the products in the category concerned to the products in that category originating in Pakistan in 1980 . Community or to the region or regions of the Community market specified by the Community to one-twelfth of the 6. Quantitative limits may also be established by the level of exports reached during the preceding calendar Community on a regional basis in accordance with the year . provisions of Protocol C. 3. A quantitative limit modified as a result of the 7. The annual growth rate for the quantitative limits application of paragraph 1 in any year preceding the final