What are you required to do according to the following road sign?

1. Avoid driving on the right lane.
2. Correct answer: Give right of way to all vehicles coming from the opposite direction.
3. Drive faster to cross this section quickly.
4. Continue driving in normal speed, you have right of way.

WhyBy sign 304 you give way on the narrow section, so let the oncoming vehicle pass freely. You cannot just drive as usual here.