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I’m a SPLA partner. Can I sell SPLA software services only to my local customers?

SPLA is a global agreement - i.e. it allows you to sell to customers worldwide under your current agreement without having to sign separate agreements in each territory. Obviously, you may charge your customers based on the currency you wish to transact with, but when it comes to reporting your monthly usage to Microsoft, you will need to submit usage under the relevant currency applicable to your agreement.