Managua, Aug 5 (Prensa Latina) The International Festival of Arts, Cultures and Gastronomy of Our Peoples will be inaugurated in Nicaragua with the presence of guests from more than 40 countries including representatives from "Abkhazia, Angola, Bolivia, Cuba, Colombia, El Salvador, France, Guatemala, Honduras, Iran and Japan. Also attending the two-day event at the Olof Palme Convention Center of this capital, in addition to the host country, will be Libya, Palestine, Panama, Peru, Dominican Republic, Korea, China, Russia, Venezuela, Germany, Argentina, Brazil, Canada, Costa Rica and Ecuador, among other guests from Latin America, Europe, Asia and Africa.