On July 18, 1992 at 22.00 popular TV hosts Zinaida Bondarenko from Minsk, Svetlana Morgunova from Moscow, and V. Vivlasenko from Kiev appeared on the stage of Vitebsk Summer Amphitheatre. Before the audience in the hall and millions of people watching the event on TV they declared the International Music Festival "Slavianski Bazaar" to be open.

The State Concert Orchestra of Republic of Belarus, ensembles "Syabry", "Ariel", "Sokoly", Irina Afanasyeva, Valeriy Skorozhonok, Viktoria Noskova, Yuana Zagdalska, Zifira, Lyuba Bilash and others took part in the opening concert and the audience gave them a warm welcome.

It was the beginning of "Slaviankiy Bazaar".

Artists from Belarus, Russia, Ukraine, the USA, Canada, Australia, Poland, and Georgia took part in the first festival.

The greatest delegations represented Belarus, Russia, and Ukraine. There were 300 people in each of them.

The International Music Festival was home to 1000 participants and guests.

There were 9 concerts held at the main festival venue - Amphitheatre. There were also 5 press conferences and 3 art galleries opened.

Valery Leontyev's solo concert is to be considered the first festival concert. It took place on July 18 in the amphitheatre before the ceremony of Festival Grand Opening.

A telegram of congratulation from President of Russia Boris Eltsin was the first to arrive. It said: "To the participants and guests of the First International Music Festival", though at that time the festival did not have any number in its name. It seemed as if President already knew that there would be the second, the third : the fifth, the tenth.

The emblem of the festival was created by a Moscow artist Alexander Grimm. It shows a cornflower growing on the staff, which form reminds of a microphone. On the City Day three concerts of national delegations started simultaneously on three different stages. Tysiacheletie Square was given to Belarus, Victory Square - to the Russian delegation and Ukrainian artists gave their performances near the Culture Palace of Trade Unions.

The Vitebsk Artistic Union "Kvadrat" held an event dedicated to the artist of the famous union "UNOVIS", which was formed in 1920 in Vitebsk. A wall of one of the houses was painted according to the project of the person who created "UNOVIS" - Kazimir Malevich.

Each participant of the festival received an accreditation card - an ID document which allowed its owner to enter any festival concert hall. The cards had different colours: light green - for jury members, dark green - for the press, brown for the artists, yellow for - service people, and blue for TV reporters. Zifira and the band "Alan Jamirse" made the longest journey to Vitebsk - they came from Australia.