For many years, Mexico was not a desirable place for investors because it was very reactionary to political ups and downs. But now both domestic and foreign investors are more mature.

The first conditions were economic, including the passage of structural reform policies that favored economic growth. We've also had low interest rates and low inflation, which is a big change from the past.

Investors were and have been a little nervous that will be a major political change in the elections in 2006.

We hope the new president can keep the strong markets going, and we're looking for even stronger growth in the future.

In this space there's a lot of fast money and it tends to be very reactionary. But patient investors will absolutely be rewarded.

Investors are sitting on profits in Mexico and are taking them now, given the nervousness in Argentina. I do not think this signals a fundamental change in the long-term trend in Mexico.