1. The Shanghai Cooperation Organisation (SCO) is an important regional alliance that influences global geopolitics. Consider the following statements regarding the SCO:
- The SCO was originally founded as the "Shanghai Five" before it expanded and was renamed.
- India and Pakistan were the founding members of the SCO.
- The SCO focuses only on security and counter-terrorism and does not engage in economic or cultural cooperation.
- The annual SCO Summit is always hosted by the member country that holds the rotating presidency.
Which of the statements given above is/are correct?