PEP — PepsiCo Expands Iraq Operations with New Manufacturing and Agriculture Deals

PepsiCo has signed two strategic agreements to expand its footprint in Iraq, aiming to boost manufacturing capacity and support the local agricultural sector. The deals with partners Baghdad Soft Drinks Co. and Al Iraq Al Akhdar were finalized during the Iraqi Prime Minister's visit to Washington. The beverage partnership is set to increase annual production to over 250 million cases, creating new jobs and transferring technical expertise to the Iraqi workforce.