UN General Assembly
2000

developing countries, and ours is no exception. Kenya welcomes initiatives that protect the weaker States from the adverse effects of globalization. The ability of African countries to participate effectively, exercise their rights and meet their obligations in the World Trade Organization (WTO) is an important determinant in their integration into the international trading system. My delegation is concerned about the growing protectionism manifested in attempts to support a new round of multilateral trade negotiations within the context of the WTO. Kenya is firmly opposed to the introduction of new protectionist barriers to trade camouflaged as labour, health and environmental standards. At the same time, we urge the implementation of special and differential provisions in respect of developing and least developed countries because of their low levels of industrialization and the vulnerable nature of their economies. The increased globalization of financial markets and capital flows poses new challenges for the mobilization of adequate resources. Kenya shares the concerns of developing countries over the general decline in official development assistance and the free flow of foreign direct investment to developing