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PRESIDENT OBAMA: Well, let me, on behalf of the American people and my administration, welcome President Mubarak for his first visit since I've taken office. I want to publicly thank him for the extraordinary hospitality that he showed us...

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PRESIDENT OBAMA: Well, let me, on behalf of the American people and my administration, welcome President Mubarak for his first visit since I've taken office. I want to publicly thank him for the extraordinary hospitality that he showed us when I traveled to Egypt and delivered my speech at Cairo University. It was an extraordinary visit, not only because of the great welcome that I received from the President and the college students who were in attendance, but also having an opportunity to visit the pyramids was a once-in-a-lifetime experience for me.
The United States and Egypt have worked together closely for many years, and for many of those years President Mubarak has been a leader and a counselor and a friend to the United States. We obviously have a lot of great challenges that have to be dealt with and we are continuing to work together to find those areas where we can find common ground and to work in concert to bring peace and security to the region.
The Arab-Israeli situation is something that has been of ongoing interest and we had an extensive conversation about how we could help to jumpstart an effective process on all sides to move away from a status quo that is not working for the Israeli people, the Palestinian people, or, I think, the region as a whole.
We discussed our common concerns about the potential proliferation of nuclear weapons in the region, including the development of nuclear weapons by Iran, and how we could work together on those fronts. We discussed Iraq -- and I want to thank the government of Egypt for being an Arab country that has moved forward to try to strengthen Iraq as it emerges from a wartime footing and a transition to a more stable democracy.
And we continued to talk about how we can work together on economic development issues, education issues, health issues, that can promote the interests of both the American people as well as the Egyptian people. Just to take one example, we ha

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