When Pepsi Was Swapped for Soviet Warships?

So, in the spring of 1989, Pepsi and the Soviet Union signed a remarkable deal. Pepsi became the middleman for 17 old submarines and three warships, including a frigate, a cruiser, and a destroyer, which the company sold for scrap.

When did Pepsi trade with the Soviet Union?

In 1989, in one of the more unique business deals in the history of consumerism, Pepsi and the Soviet Union struck a deal for the communist country to provide the soft drink provider with $3 billion worth of warships: 17 submarines, a cruiser, a frigate, and a destroyer.

Did the Soviet Union trade with Pepsi?

Years later, the people of the Soviet Union wanted to strike a deal that would bring Pepsi products to their country permanently. ... The combined fleet was traded for three billion dollars worth of Pepsi.