The Mexican Olympic Committee (MOC) announced in August that it had started talks with the International Olympic Committee (IOC) over the feasibility of a bid.

A Founding Committee is expected to be created later this month with the aim of determining the proposed host cities.

Guevara had previously stated that it was economically unfeasible for the country to host the Olympics.

But the former athletics star, who claimed women’s 400 metres silver at Athens 2004, said she was fully behind Mexico staging the Games as the country's Government continues to work with the MOC over a bid.

"When it comes to the development of the process, the first step was made by the Mexican Olympic Committee and they are working to fulfil all the requirements together with the Government," said Guevara.

"But it's important to say that this administration will end in 2024 so we have only two more years to prepare that.

"I can say that as an athlete it is a dream to have an Olympic Games in your home like hosting this World Championships so it would be really good having the Olympics in Mexico."

Guevara was speaking at a press conference on the opening day of the World Taekwondo Championships being staged in Guadalajara.

Guadalajara is viewed as one of the frontrunners to be Mexico's candidate city for the Olympics and Paralympics while Mexico City and Monterrey have also been mooted.

The Centro Acuático CODE Metropolitano, which staged the swimming and diving competition at the Guadalajara 2011 Pan American Games, has been transformed into a venue to fit to host the World Taekwondo Championships.

"Of course we want to host more international events and this is a clear example that you can use that was built for another sport and to bring life," said Guevara.

"After the Pan American Games it was just for swimming but now we are looking at this innovation and how we can change the set up."

Mexico City hosted the Summer Olympics in 1968 having had failed bids for the 1956 and 1960 editions.

It staged the FIFA World Cup in 1970 and 1986.

In 2026 it is due to jointly host the World Cup with Canada and the United States.

Last month, IOC director general Christophe De Kepper revealed at the Association of National Olympic Committees General Assembly in Seoul that his organisation is discussing proposals to stage the Summer Olympics with 10 countries.

Other known interested countries include Britain, Egypt, Germany, India, Indonesia, Qatar and South Korea.