Peering is a networking technique that allows direct and private connection between two or more cloud networks without using the public Internet. Peering can help the cloud administrator improve the connectivity within the regions by reducing the latency, increasing the bandwidth, and enhancing the security of the data transfer. Peering can be implemented between VPCs within the same region or across different regions, depending on the CSP's offerings and the customer's requirements. Peering can also help reduce the network costs by avoiding the use of the Internet gateways or VPNs. Reference: CompTIA Cloud+ CV0-003 Certification Study Guide, Chapter 3, Objective 3.1: Given a scenario, implement cloud networking solutions.