This guest post was written by  Juan Enrique Sánchez, President of  www.nameaction.com, who has written several guest posts in the past year for domains in the latin market.
Mr. Sánchez talks about the 3 stages for the Registration of .MX (Mexico) cctld:
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· Pre-Registration
· Waiting Period
· Initial Period of Registration

Pre-Registration:
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Duration: May 1st 2009 to July 31st 2009.

The domain names already registered before May 1st 2009 will be blocked so that they are not able to be transferred or deleted during this period.

An accredited Registrar before NIC Mexico is needed.

On this stage ONLY those who have registered a “Domain of Origin” can request a .MX domain.

“Domains of Origin” is any domain registered before March 1st 2009 under any of the following extensions: COM.MX, .NET.MX, .ORG.MX, .EDU.MX, or .GOB.MX.

The information of the .MX will be the same as the domain of origin.

Under .MX the exact domain name of “Domain of Origin” will be able to be requested.

If there are more than 1 request the domain .MX will be given to the one that has the seniority in “Domain of Origin”.

A domain name that is already registered can not be requested, when a domain name is reserved or when the “Domain of Origin” is in Transfer Process.

The domains name will be registered for 1 year.

The price will be US$35.

The information of the assigned domains can be checked at www.whois.mx.

Waiting Period:
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Duration: From the 1st to the 31st of August 2009.

No new request will be received only the pending requests will be processed.

The requests from the 1st stage can be checked at www.whois.mx.

In case you are not satisfied with how the domain name was assigned during this period you will have a chance to initiate a claim.

At the end of this period, the domains are were assigned under .MX will be activated.

Also at this time, the unblocking of transfers and deletion will be done for those registrations before March 1st 2009.

Initial Period of Registration:
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Duration: September 1st to October 31st 2009.

Any person interested will be able to request a domain.

The system “first come, first served” will apply.

The registration period will be for 1 year.

A special outline for prices will be used, escalated, starting with the highest price to be decreasing gradually.

The charge will apply immediately.

There will be reserved domains as for example domains related with ICANN, IANA, etc.

No domains with 1 or 2 characters will be allowed with exception of those that were registered before May 1st 2009.””

Mexico is obviously a country with a large population and its cctld, has huge potential.