Which of the following statements best describes the objective and approach related to the Kachativu Island dispute between India and Sri Lanka?

1
Kachativu Island is primarily contested due to its rich oil reserves.
2
The dispute revolves around fishing rights and territorial claims between India and Sri Lanka.
3
Kachativu Island is a strategic military base shared by India and Sri Lanka.
4
The island is a tourist destination jointly managed by both nations.

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