The Liberian flag bears close resemblance to the flag of the United States, showing the ex-American slave origins of the country. The Liberian flag has similar red and white stripes, as well as a blue square with a white star in the canton. It was adopted on July 26, 1847
The flag is seen on many ships around the world as Liberia offers registration under its flag. Shipping companies do this to avoid taxes and restrictions that other countries enforce. As the second most popular flag of convenience (after Panama), it is estimated that 1700 foreign-owned ships fly the Liberian flag. This brings in much of the country's revenue.
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