Heat the olive oil in a 2-quart sauce pan over medium-high heat. Add Pearl Couscous and stir until lightly browned, about 5 minutes. Slowly pour in the water. Lower heat and simmer gently with the lid on until liquid is absorbed, about 20 minutes. Remove from heat and stir in pesto. Stir in vegetables. Serve at room temperature. Makes 6 servings.
Pesto: Place all ingredients in a food processor and process until smooth. Scrape down sides of bowl as necessary to combine all ingredients.