With reference to the China-Pakistan Economic Corridor (CPEC), consider the following statements:
1. CPEC is a part of the Belt and Road Initiative launched by China in 2013.
2. Blue Dot network is one of the important components of CPEC.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2