(1) The company may, with the consent and on behalf of the Government, conduct negotiations with the states or organisations concerned in relation to the making or amendment of international agreements to which the State or the Government will be or is a party for the provision in the State of air navigation services or aeronautical communications services or affecting any other matter to which a function of the company relates.

(2) The company shall furnish to the Minister reports in writing in relation to negotiations conducted by it under subsection (1) and shall furnish to the Minister recommendations and advice in relation to the proposed agreements or amendments of agreements to which the negotiations relate.