The modern national flag of Abkhazia has been approved by the Supreme Soviet of the Republic of Abkhazia, 23 July 1992.

The author of the national flag of the Republic of Abkhazia is Valery Gamgia. The flag  is the symbol of  statehood: "... The red flag with the open palm is known since the time of the Abkhaz statehood. And  now, when there is a revival of the statehood of Abkhazia, I believe that it is necessary to make it dominant. The meaning of the colours are: White symbolizes spirituality, green - youth and life. The combination of these colours emphasizes the flavour of Abkhazia. On the top left corner, enclosed in a red rectangle, is an open palm, symbolizing openness and friendliness. It is surrounded by seven stars-seven regions of Abkhazia".

Modern Abkhazian flag was adopted during the national liberation struggle of the Abkhazian people and is associated with the victory in the Patriotic War of the Republic of Abkhazia 1992 - 1993 years.

The event on the occasion of the holiday will be held in the capital of Abkhazia, Sukhum and regions of the Republic. At 11 am - the ceremony of laying flowers at the monument to the author of the National Flag of Abkhazia Valery Gamgiya. At 20 o'clock in the evening - concert with the participation of the national dancers and vocal groups and pop artists of Abkhazia.