The accord came about at the Association of National Olympic Committees General Assembly in Seoul, and is between two countries which could be rivals in biding for future Olympics.

Both the KOI and MOB had been plotting bids for the 2032 Olympic and Paralympic Games before being blindsided by Brisbane.

Indonesia's President Joko Widodo has already ordered the nation bid again for the 2036 event, focusing on new capital Nusantara which is still being built, while the HOB is also continuing with plans for Budapest to bid once more.

The agreement between the KOI and MOB is set to facilitate the exchange of expertise in sports one country excels at and the other has room to improve in.

Badminton, sport climbing and surfing have been identified as sports where the Indonesians can teach the Hungarians.

On the flipside, the KOI is focused on improving in canoeing, fencing, wrestling and aquatics - particularly swimming and water polo.

"Alhamdulillah, NOC Indonesia has added another cooperation, made official through this MoU," KOI President Raja Sapta Oktohari said.

"Hopefully, with this MoU, Indonesia can boost its sporting achievements, to become more global."

It comes under the KOI's Indonesia Olympic Champions scheme, along with similar agreements signed with the International Judo Federation, Qatar Olympic Committee and International Swimming Federation.

"We expect this two-way collaboration to help improve our sports achievement," added the KOI President.

"The Indonesia Olympic Champions programme's goal is to help increase the number of Indonesian athletes who qualify for the Olympics in the short term. 

"In the long term, we want to support the acceleration of the National Sports Grand Design, a roadmap towards achieving a successful top-five Olympics finish in 2045."