As China-North Korea ties cool, Russia looks to benefit
As China-North Korea ties cool, Russia looks to benefit · CNBC

Moscow may be looking to take advantage of the nuclear standoff between Pyongyang and the international community . As cracks deepen in the decades-old friendship between China and North Korea amid increasing U.S. pressure, Russian President Vladimir Putin stands ready to fill Beijing's shoes.

" Russia (has) begun quietly laying the groundwork that would strengthen its ties to North Korea, thus increasing its global political leverage should it need it," analysts at political intelligence firm Stratfor explained in a May 5 report, referring to Putin's strained ties with the West.

Both countries share a long history of ideological and economic relations — in 2014, Moscow wrote off 90 percent of Pyongyang's $11 billion debt from the Soviet-era — but recent projects indicate an even cozier relationship.

A new ferry service between Rajin and Vladivostok is due to begin on May 8 that's expected to carry up to 200 passengers and 1,000 ton of cargo six times a month. Meanwhile in April, Russian military hardware was seen transported to the country's border with North Korea but the Kremlin claimed the action was part of pre-planned military exercises, Reuters reported.

"There is little doubt that Russia is making sincere attempts at building a partnership with North Korea," Russia-Korea analyst Anthony Rinna said in an April 14 note published on the Institute of Asia and Pacific Studies at the University of Nottingham. "The idea that Russia is once again superseding China as North Korea's major international patron bodes well when viewed through the prism of North Korea's Cold War-era tactics of playing China and the USSR off of each other."

In March, officials also agreed to expand North Korean labor immigration to Russia. Tens of thousands North Koreans are believed to be living in the Eurasian country, many of whom are forced laborers sent to bring in overseas revenue for Kim Jong-un's regime, according to human rights groups.

Meanwhile, executives from state-owned Russian Railways visited the pariah state in January to propose enhancing railroad cooperation, which includes a railway from Rajin to Khasan and a program to train North Korean students at Russian universities.

Moreover, "when China recently threatened to cut off fuel exports to North Korea if it conducted its sixth nuclear weapons test , Russia hinted it could replace at least some of that supply," Stratfor's report said.

Moscow's potential influence on the North Korean situation could give Putin a certain degree of leverage in the West as he deals with accusations of Russian meddling in the U.S. election as well as his country's role in the Syria and Ukraine conflicts , Stratfor explained.