CHARLOTTE, N.C. -- President Obama called for North Carolina's new law known as HB2 to be repealed Wednesday.

The President was asked about the law during a press conference in London with Prime Minister James Cameron right next to him.

"I want everybody here in the United Kingdom to know that the people of North Carolina and Mississippi are wonderful people. They are hospitable people. They are beautiful states," Obama said.

However, the President said he disagreed with the provisions of HB2 that limit protections for members of the LGBT community and denies workers the right to sue in state court over issues of discrimination.

"I also think the laws that have been passed there are wrong and should be overturned."

Late Friday afternoon, Josh Ellis, Communications Director for Governor Pat McCrory who signed HB2 into law issued a statement saying:

"The Governor respectfully disagrees with the political left's national agenda too mandate changes to basic, common-sense restroom norms."

In Charlotte Friday, local civil rights activists and two state legislators called for HB2 to be repealed when the legislature goes into session in Raleigh next week.

If the law is not changed, the former president of Charlotte's NAACP, Dwayne Collins raised the specter of an economic boycott for the first time.

Collins would not discuss potential targets of a boycott saying he would wait until after the legislative session ends to see if what if any action the legislature takes.

Said Collins, "We feel very optimistic and our chances are great if we collectively do this and unrelentingly do this until as Martin Luther King once said, "justice rolls down like water, and righteousness is like a mighty stream."