(QHA) - The party of Ukraine's jailed opposition leader Yulia Tymoshenko on Monday rejected President Viktor Yanukovych's terms for her release and European envoys said time was running out to solve a row threatening agreements with the European Union, Reuters informs. As reported earlier, Tymoshenko, 52, a former prime minister, was jailed for seven years in 2011 for abuse of office after what Western governments say was a political trial. EU envoys have asked Yanukovych to pardon his arch-foe so she can travel as a free person to Germany for treatment for back problems, a compromise seen as guaranteeing signature of landmark deals on association and free trade on November 28 in Vilnius, Lithuania. With pressure mounting on him, Yanukovych on October 17 said he was ready to sign a law to allow her to go abroad for treatment, if such a draft was adopted by parliament. To be noted, according to Reuters, Ukrainian President is anxious to keep Tymoshenko out of action as a political force as he prepares for the run-up to a bid for re-election in February 2015.