Prime Minister Shinzo Abe and his Hungarian counterpart, Viktor Orban, agreed Thursday to deepen bilateral economic cooperation, aiming to boost investment from Japanese companies to Hungary.

During their meeting in Tokyo, the two leaders also agreed to bolster energy cooperation, with Japan hoping to export its nuclear technology to Hungary as the nation is planning to increase atomic power generation to meet rising energy demands.

In the meeting, Abe also spelled out the government's commitment to become a "proactive contributor " to global peace and stability.

"We welcome Japan's proactive engagement to realize safety and stability of the world," Orban said at a joint press conference held after the meeting.

The Hungarian side also unveiled a new scholarship program the Budapest government established for 100 Japanese students.

They also agreed to establish a working holiday system between the two countries as early as possible.

Orban arrived in Tokyo Wednesday night on a four-day trip. He is scheduled to meet with Keidanren Chairman Hiromasa Yonekura on Friday morning and with Emperor and Empress later in the day. He is scheduled to leave Japan on Saturday afternoon.