While contacts were established between French and Mongol rulers in the 13th century, relations between the modern nations only became official on 27 April 1965,[3] only gaining momentum in the 1990s as a result of Mongolia's democratic revolution.

A European Union-Mongolia Partnership and Cooperation Agreement was launched in 2017.

[5] During the visit of President of Mongolia Ukhnaagiin Khurelsukh in October 2023, the two countries agreed to develop uranium mining in southern Mongolia.

[6] French Orano plans to invest $1.7 billion dollars[7] in Mongolia.

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