White House Chief of Staff William Daley says that a bill seeking the ratification of the Korea-U.S. free trade agreement will soon be submitted to Congress.

Daley made the remarks on Thursday during the sixth U.S.-Korea Business Council annual gala dinner in Washington.

He said that the U.S. government cannot wait anymore and that the Obama administration will submit bills on the ratification of three pending free trade agreements, including one with South Korea, to Congress. He added that if there is no agreement on an alternative approach in the near future with Congress, the administration will move forward to seek passage of the FTA with the Trade Adjustment Assistance (TAA) program.

Daley expressed his hopes that Congress will ratify the Korea-U.S. trade pact before going into recess early next month.