00:00Iraq's Shiite political bloc, known as the Coordination Framework,
00:04names businessman Ali al-Zaidi as its nominee for the post of Prime Minister.
00:10Following his nomination, Zaidi has 30 days to form a cabinet
00:14and present his government to parliament for approval under Iraq's constitutional process.
00:21Zaidi is a 40-year-old millionaire with business interests across several sectors,
00:26including banking and government-linked food supply programs that served large parts of the population.
00:32His activities included involvement in Iraq's National Food Basket Program,
00:37which provided essential supplies to millions of citizens across the country on a regular basis.
00:43Iraq has a power-sharing system designed to reduce sectarian tensions
00:48by distributing key leadership roles among the country's main ethnic and religious groups.
00:53Under the arrangement, the President is Kurdish, the Prime Minister is Shiite
00:58and the Speaker of Parliament is drawn from the Sunni community.
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