The monument on the square in Khreshchatyi Park was installed in November 1981 as part of the celebration of the 100th anniversary of Kyiv and the 60th anniversary of the founding of the USSR. Until May 14, 2022, it was called the Peoples’ Friendship Arch. Under a 35-metre high Arch, there is the sculpture of a Ukrainian and a Russian workers holding a ribbon with the Order of Friendship of Peoples, and a monument based on the Pereiaslav Council of 1654 when a peace alliance was concluded between the Hetmanship and the Moscow Tsardom. In 2018, Ukrainian artists created the Crack of Friendship on the Arch due to the problem of Ukrainian political prisoners in Russia. The Arch is surrounded by an amphitheatre and a sightseeing platform. Various events are periodically held here: concerts, festivals, fairs, exhibitions, etc.