Consider the following statements with reference to the North Atlantic Treaty Organization (NATO) :

1. It commits the Allies to democracy, individual liberty and the rule of law, as well as to the peaceful resolution of disputes. 

2. Sweden and Finland are founding members of NATO.

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

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