Do you think that BIMSTEC is a parallel organization like the SAARC? What are the similarities and dissimilarities between the two? How are Indian foreign policy objectives realized by forming this new organization?

आपके विचार में क्या बिमस्टेक (BIMSTEC) सार्क (SAARC) की तरह एक समानांतर संगठन है ? इन दोनों के बीच क्या समानताएँ और असमानताएँ हैं ? इस नए संगठन के बनाए जाने से भारतीय विदेश नीति के उद्देश्य कैसे प्राप्त हुए हैं? (150 शब्दों में उत्तर दीजिए)

Do you think that BIMSTEC is a parallel organization like the SAARC? What are the similarities and dissimilarities between the two? How are Indian foreign policy objectives realized by forming this new organization? (Answer in 150 words)