Which one of the following statements correctly describes the World Intellectual Property Organization (WIPO)?

1
WIPO is primarily a regional organization focused on intellectual property rights in Asia.
2
WIPO facilitates international collaboration by helping to harmonize national intellectual property legislation.
3
WIPO’s main function is to provide loans to countries for developing their technological infrastructure.
4
WIPO operates exclusively under the jurisdiction of the European Union and manages IP laws within its member states.
5
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