It was held five times a year during the Russian Empire, then went into a 40-year moratorium during Soviet rule. It has been held annually since its revival after Ukraine became independent in 1991, except 2020.
Following a Presidential Decree of August 18, 1999,[1] the fair holds the status of Ukraine's national trade fair.[2]
The fair is a large showcase for traditional handicrafts made by skilled craftsmen, including Reshetylivkaembroidery, rugs, Opishniaceramics, as well theatrical performers who re-enact scenes of village life from famous Ukrainian stories. In August 2007, the fair was opened by Ukrainian PresidentViktor Yushchenko.[3]