1. Consider the following statements: BRICS countries have signed an agreement with China to place the Headquarters of New Development Bank in Shanghai. 2. The agreement was signed by Chinese Foreign Minister Wang Yi and K V Kamath. 3. The bank also signed a separate Memorandum of Understanding (MoU) with the local Municipal government headed by Mayor Yang Xiong. 4. The new bank will start issuing loans to green energy ventures and infrastructure projects from April 2016. Which of the above statement/s is/are correct?
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