MEXICO CITY, Jan 29 (Reuters) -

The chief executive of Mexican lender Banorte

said on Wednesday the government's "Plan Mexico" investment

framework should boost private consumption in Latin America's

No. 2 economy, though uncertainty remains on potential impacts

by the government of U.S. President Donald Trump.

In the short term, issues such as tariffs, migration and

security could cause friction with the U.S., Banorte CEO Jose

Marcos Ramirez said in a call with analysts. In the long term,

the two countries are likely to further integration in the auto

and electronics sectors, he added.