  We review the present status of CP violation in the standard model.
Subsequently we make an excursion in the future in order to see what we could
expect in this field in this and the next decade. We present various strategies
for the determination of the CKM parameters and divide the decays into four
classes with respect to theoretical uncertainties. We emphasize that the
definitive tests of the Kobayashi-Maskawa picture of CP violation will come
through a {\it simultaneous} study of CP asymmetries in $B_{d,s}^o$ decays, the
rare decays $K^+ \to \pi^+\nu \bar\nu$ and $K_L \to \pi^o\nu\bar\nu$, and
$x_d/x_s$. We illustrate how the measurements of the CP asymmetries in
$B^0_{d,s}$-decays together with a measurement of $Br(K_L\to
\pi^\circ\nu\bar\nu)$ or $Br(\kpnn)$ and the known value of $\mid V_{us}\mid $
can determine {\it all} elements of the Cabibbo-Kobayashi-Maskawa matrix
essentially without any hadronic uncertainties.
