The South Korean government plans to spend 1.6 trillion won ($1.37 billion) by 2030 on developing state-of-the-art spy satellite and related rocket technology in a bid to beef up its surveillance network as North Korea continues to work on nuclear and missile development.The move comes after guidelines agreed by South Korea and its security ally the United States that had restricted Seoul's ballistic missile development for decades were abolished in May.South Korea, in close coordination with the United States, detected preparations that had been made in North Korea ahead of a military para…READ FULL ARTICLE