The two countries are cooperating in a number of sectors, especially in security, economy, energy and law enforcement, the statement said.

Matolcsy and Pressmann also discussed the economic situation of their countries and opportunities in financial cooperation and other sectors, NBH said.

Matolcsy noted that strong bilateral ties are crucial “amid the current economic and geopolitical uncertainties”, and they agreed that strengthening ties and maintaining dialogue is necessary, the statement said.