Consider the following statements regarding the Global Plastics Treaty:

Statement-I: The Global Plastics Treaty is a legally binding treaty established in 2022. 

Statement-II: The treaty aims to address plastic pollution by regulating the production, consumption, and disposal of plastics globally.

Which one of the following is correct in respect of the above statements?

1
Both Statement–I and Statement–II are correct, and Statement–II is the correct explanation for Statement–I.
2
Both Statement–I and Statement–II are correct, but Statement–II is not the correct explanation for Statement–I.
3
Statement–I is correct, but Statement–II is incorrect.
4
Statement–I is incorrect, but Statement–II is correct.

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