The video conference held yesterday was the first round of talks between the two leaders after the Taliban recently opened a political office in Doha, Qatar, for peace talks with the Afghan Government and direct talks with the United States.
Obama and Karzai reviewed the current situation in Afghanistan and expressed satisfaction over security transition.
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Karzai updated the Obama regarding preparations for Afghanistan's 2014 elections, including the status of electoral legislation under review by Afghan leaders.
The two leaders reaffirmed that free, fair, and credible elections would be critical to Afghanistan's future, the statement said.
Obama and Karzai discussed a range of issues, including the transition of operational lead to Afghan security forces earlier this month, the importance of Afghan-led reconciliation efforts and the negotiation of a Bilateral Security Agreement.
"Specifically, the President welcomed the passage on June 18th of milestone 2013, which the two leaders agreed to during their January summit in Washington as the point at which Afghan security forces would take the lead for operations countrywide," the White House said.
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