SEOUL, South Korea, February 24, SPA -- North Korea announced Tuesday it was preparing to launch a satellite from its northeastern coast. "Full-scale preparations are underway at a satellite launch site,'" a North Korean space committee spokesman said through the official Korean Central News Agency (KCNA). The Kwangmyongsong-2 satellite would launch on the Eunha-2 rocket, he said. "If the satellite is successfully launched, our country's space technology will take a great step forward into becoming a strong, economic country," the spokesman said, adding that the North Korea is following its own "peaceful use policy" in developing such technology.--SPA www.spa.gov.sa/638352