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PepsiCo deepens Iraq partnership with manufacturing, agriculture deals

Middle East 1 source 1 country 🔦 Under-reported 14m ago

Prime Minister Ali al-Falih al-Zaidi recently concluded a series of diplomatic visits to Washington and Tehran, resulting in new economic and infrastructure agreements for Iraq. During his trip to the United States, PepsiCo finalized partnerships with two Iraqi firms to expand local food and beverage production. These agreements are designed to strengthen agricultural supply chains and generate new employment opportunities within the country.

In a separate series of meetings in Tehran, the Iraqi government signed a formal agreement and three memorandums of understanding with Iran. These documents focus on enhancing bilateral cooperation in transportation and rail connectivity. Together, these developments reflect a broader effort by the Iraqi administration to secure international investment and improve regional infrastructure through diplomatic engagement.

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Read the full story at the source Iraqi News (Baghdad, Iraq) · IQ
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