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In 1998, Robertson formed a $15 million company, Freedom Gold Limited, to look for gold in Liberia. In 1999, the company signed an agreement with the government of Liberia to begin gold-mining operations.
King derided as "bunkum" Robertson's upbeat description of conditions in Liberia, and noted that the United Nations has placed an arms embargo on Liberia. King quoted a State Department official who said the U.S. government "has not encouraged either trade or investment in Liberia due to the absence of the rule of law and President Taylor's support for armed insurgencies."