1. Mid shot of US President Obama walking on to stage and up to podium
2. SOUNDBITE (English) Barack Obama, US President:
"Just a few hours ago, I spoke with (UK) Prime Minister David Cameron. David has been an outstanding friends and partner on the global stage and based on our conversation, I'm confident that the UK is committed to an orderly transition out of the EU. We agreed that our economic and financial teams will remain in close contact as we stay focused on ensuring economic growth and financial stability. I then spoke to Chancellor Merkel of Germany and we agreed that the United States and our European allies will work closely together in the weeks and months ahead. I do think that yesterday's vote speaks to the ongoing changes and challenges that are raised by globalisation. But while the UK's relationship with the EU will change, one thing that will not change is the special relationship that exists between our two nations. That will endure. The EU will remain one of our indispensable partners. Our NATO alliance will remain a cornerstone of global security and in a few weeks, we'll be meeting in Warsaw for the NATO summit. And our shared values, including our commitment to democracy and pluralism and opportunity for all people in a globalised world. That will continue to unite all of us. And that is the work that brings us here today."
US President Barack Obama said on Friday the US-UK relationship will not change as a result of Britain's vote to pull out of the European Union.
Speaking at Stanford University during a discussion with entrepreneurs, Obama said he talked to UK Prime Minister Cameron and that Britain is committed to an orderly transition out of EU. He said he also spoke with German Chancellor Angela Merkel.
Obama said he believes the Britons' unexpected decision to leave the EU speaks "to the ongoing changes and challenges that are raised by globalisation."
But he said one thing that will not change is the special relationship between the US and the UK.
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