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Think of the chain effects of that.
International licences will lose a lot of their value if the international publishers cannot get exclusive rights to publish ebooks in their region. For that matter it means local publishers can't either -- the only way to get exclusive local rights to publish the ebook at all would be to get worldwide exclusive rights for publishing the ebook. One of two things happens:
1) The local publisher signs for those exclusive worldwide ebook rights in addition to exclusive local physical distribution, but as they don't really have the expertise to advertise internationally, refuse to pay more (or much more) than they would have for local exclusive rights. (After all, their primary interest is physical sales -- they're not going to up their price for the tiny percentage of sales international ebook sales would accrue.) Because international publishers can now not get ebook rights at all, they may not be willing to pay as much.
2) The local publisher does not get exclusive ebook rights worldwide. As they are now losing the exclusivity that they had on local ebooks (because an international publisher who also gets ebook rights can distribute in their region), their price drops.
That's a rather loose explaination, but that's where the problem lies. I'm sure there's a solution somewhere, but I'm also sure I don't know it.
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