Company
Petrobras
Date of signature
5 December 2011
Signatories
Terms of Understanding of Good Labor Relations
Key objectives
« Seek understanding on good labor relations at Petrobras abroad »
Duration
2 years
Termination upon 6 months notice
Applicable law
Not defined
Implementation and dissemination
Dissemination
« The parties will distribute copies of the present terms to their constituents all over the world. Any external publication of the terms will have to be mutually agreed by the parties. »
Review and monitoring
Monitoring
« The parties will review the points of these terms at joint meetings which will have to be scheduled in advance. The object of these meetings will be to discuss only the questions covered by these terms. »
Dispute settlement and sanctions
Litigation
« Petrobras and ICEM agree that they will both be available continuously to administer and inform on any problem encountered in the application of the present terms and to develop the best solutions. »
Main topic
Fundamental labour rights
Secondary topic(s)
Trade union freedom, collective bargaining, discrimination, forced labor, slave labor, health and safety