'World moving from open trade flows to trusted corridors': Ian Borg
Foreign Affairs minister addresses Commonwealth Trade and Investment Summit
At a time of economic uncertainty, trade is being redefined, and the world is moving from open trade flows to trusted corridors, Ian Borg told a Commonwealth trade summit in London on Monday.
“The question is not whether the established trade system is fragmenting. That is already happening. The question is what we build in its place. Because in a world of uncertainty, readiness is power.”
The Foreign Affairs Minister was addressing the opening of the Commonwealth Trade and Investment Summit.
He noted that trade was being redefined and was no longer just about efficiency or returns. It was now focused on security, resilience, and strategic positioning.
“We are moving from globalisation to selective interdependence. From open flows to trusted corridors.
"Supply chains are now strategic assets. And those who build trusted partnerships, mobilise capital, and deliver outcomes will shape the future," Borg said, noting the critical role of the Commonwealth’s network of 56 countries in fostering such vital connections.
Borg, who currently chairs the Commonwealth Ministerial Action Group, told the summit that Malta has appointed Michaela Muscat Spaak as its first government envoy dedicated to Commonwealth trade and investment.
Ahead of CHOGM 2026, which will be launched later this year, Borg urged member states to move from connection to conversion, to act without delay and accelerate partnerships, unlock investment and deliver growth across the Commonwealth.
Malta is already embarking on this path, he said.
“Malta has built strength in sectors driven by connectivity, financial services, logistics, aviation and maritime domains.
"We are moving from volume to value. And the lesson is simple. It is defined by the ability to connect, adapt, and deliver. And critically, by the ability of the state to act - to align sectors, to de-risk investment, and enable delivery."
In London, Borg also met with Lord Marland of Odstock, who chairs the Commonwealth Enterprise and Investment Council, and other Commonwealth leaders.