TSKHINVAL, May 31 (RIA Novosti) - South Ossetia is holding parliamentary elections on Sunday, with four parties competing for seats in the republic's legislature.

The elections are the first in the former Georgian republic since Russia recognized its independence, following a five-day war with Georgia who launched an attack to try and regain control over the region in August.

Four parties are taking part in the elections for the 34-seat parliament: the ruling Unity party, the Communist Party, the People's Party and the opposition Fatherland Party.

More than 70 observers from Moldova, Kazakhstan, Kyrgyzstan, Ukraine, Germany, Poland, the Czech Republic, Abkhazia, Nagorny-Karabakh and Russia are monitoring Sunday's poll.