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Significance

Policy convergence is visible across the region's four largest markets -- India, Bangladesh, Pakistan and Sri Lanka. However, success varies and, counter-intuitively, policy momentum seems unrelated to geographical spread, population size or economic heft of the national market.

Impacts

Data localisation laws may soon become a South Asian norm.

Anti-misinformation rules will likely be used to facilitate surveillance.

Tech firms will face new taxation obligations in the region.

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