In March 2011 Elizabeth Salguero, Minister of Cultures, nominated Alasitas along with two other Bolivian festivals to UNESCO for World Heritage recognition as part of the cultural and intangible heritage of humanity.
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Based on Posnansky's observations, the manufacture of miniatures would have its origins in the pre-Columbian era and the Alasitas fair would have its first urban expressions in the early years of the founding of La Paz, specifically, when its founders moved it from Laja in the shores of the Choqueyapu River.
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The Alasitas fair (or Alacita, Alacitas, Alasita; Spanish: Feria de las Alasitas) is an annual month-long cultural event starting on January 24th in La Paz, Bolivia.