Governor Acharya Devvrat will inaugurate the four-day fair, while Chief Minister Jai Ram Thakur will preside over the concluding function.
"Traders from Shimla, Kinnaur, Lahaul and Spiti districts will participate in the fair," an official told IANS.
Kinnauri shawls, handicrafts, carpets and dry fruits will be the major attractions at the fair.
The fair dates back to the 17th century when Raja Kehari Singh of Rampur Bushahr state signed a treaty to promote trade between Tibet and Bushahr.
Ahead of the fair, an exhibition of horses was organised. The main attraction was the sale and purchase of Chamurthi horses -- an endangered species known as the "Ship of the cold desert".
Being a surefooted animal, it is mainly used for transporting goods in the Himalayas.
State Veterinary Officer Suresh Kapoor told IANS that 362 Chamurthi horses came for sale. "This time the maximum price of a Chamurthi horse was Rs 50,500, a good price. The maximum participation of the horse lovers and buyers was from neighbouring Uttarakhand."
The Chamurthi horse traces its origin to the Tibetan region. In India, it is bred in the villages of Himachal Pradesh bordering China.
The Animal Husbandry Department is running a horse breeding farm at Lari in Lahaul-Spiti to preserve this breed of horses.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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