Consider the following statements regarding the Indo-Pacific Oceans Initiative (IPOI):
1. It is a treaty-based multilateral agreement aimed at ensuring maritime security in the Indo-Pacific region.
2. It was launched by India in 2019 at the East Asia Summit (EAS) in Bangkok, Thailand.
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