I thought this had been linked in this thread, but I guess I'll repeat it now:
There are essentially two major hurdles [when it comes to loli]:
First off, most artists and publishers will flat out refuse to let anyone license this sort of content outside of Japan. We've even tried to get books with no explicit material, but just because it's published under a label associated with explicit content, it's off limits. Secondly, even if we did get a license, it's virtually impossible to sell the title, as no company is willing to process payments for this kind of content. Most won't even touch adult content at all.
One of the first titles we tried to get was a book from a highly-requested artist, but that request was rejected. When we got another title (NTR2) we ran into the other problem and had to give up on that license. And please realize that the hurdles we're up against are not legal, but purely based on morals. This situation is sadly unlikely to change until we see a major shift in how society looks at this kind of content, both in Japan and in the West.
Finally, I want to stress that politics and a fear of public outrage has nothing to do with this (on our end). That a completely separate can of worms, but that's not what stands in our way currently. I want to explicitly mention that so that no one thinks that's the implied takeaway from this.
I'll be as clear as possible: Comic LO, and anything under/related to that label, is impossible to publish overseas at the moment.