Across the distance of an ocean and the complexity of modern commerce, Peru and India have arrived at the threshold of a formal trade agreement — one that would transform a relationship of occasional exchange into something more deliberate and enduring. Lima's trade minister has signaled that the negotiations are effectively complete on Peru's side, with the terms defined and the offer extended; what remains is for New Delhi to answer. In the longer arc of South-South economic integration, this moment reflects a quiet but meaningful shift in how nations far apart are choosing to bind themselve