United States trade officials are set to review the 'continuous' bonds imposed on importers of Hong Kong textiles. This follows the US Government's decision to lift the remaining single-entry bonds on Hong Kong textile exporters and proposals for new reporting requirements. US Customs will review the charges and duration of the bonds which apply generally for one year regardless of the amount imported. Deputy Director-General of Trade Stanley Ying Yiu-hong said the Trade Department would be monitoring the review closely. 'We will find out how they are doing it and whether it will affect our existing arrangements,' he said. He said the US decision to lift the single-entry bond was a result of findings from joint US-Hong Kong factory visits in January. According to a US Customs notice, it was satisfied with the co-operation efforts of the Trade Department in identifying and prosecuting textile violations. Mr Ying said: 'The US told us the review concluded at the end of March. The new measures are a result of the review.' The study of 'continuous' bonds starts on May 1, the same day US Customs lifts its remaining single-entry bonds and imposes the expanded reporting system. Unlike the bonds, which applied to 10 categories of textiles, the new reporting rules are to apply to all textile exports. Meanwhile, exporters of handbags made in China said they had achieved their first success in fighting proposed European Commission (EC) tariffs. The EC yesterday said it would drop anti-dumping actions on briefcases and school bags of mainland origin. Hong Kong exporters and European importers have launched a joint campaign to lift a planned 39.2 per cent tariff they said would cripple their industry. They said it would hit about 3,400 factories in Hong Kong and China, which employed thousands, and could cost hundreds of millions of dollars in lost sales.