Blue Dot Network
Consider the following statements with reference to the Blue Dot Network:
- The United States, Australia and Japan’s new Blue Dot Network will serve as a globally recognized seal of approval for major infrastructure projects, letting people know that projects are sustainable and not exploitative.
- The network is “ratings mechanism” that would grade infrastructure projects in the Indo-Pacific region on different parameters to ensure transparency and is planned as direct counter to China’s Belt and Road Initiative.
Which of the statement (s) given above is/are correct?
Both 1 and 2
Neither 1 nor 2