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28 July, 2005
A satisfactory result came from recent negotiations in Brazil by ICEM rubber affiliate inside Frente Unica da Borracha (FUB). Employers in tyre manufacturing agreed to meet Brazils’s inflation rate of 6.93% and workers in those business enterprises won 7%. Profit-sharing increased from R$2,750 to R$3,250. In the rubber materials sector, an 8% pay increase was attained and several improvements were made in that collective agreement as well.