  We show that the quark flavour structure and CP violating phenomena are
strongly correlated in supersymmetric theories. For a generic pattern of
supersymmetry breaking the two broad categories of Yukawa couplings, democratic
and hierarchical textures, have entirely different phenomenological
implications. With hierarchical Yukawas, the rephasing invariant phase,
arg(V_us V_cb V_cb^* V_cs^*), in the CKM mixing matrix has to be of order
unity, while the SUSY CP violating phases are severely constrained by electric
dipole moments, giving rise to the so-called SUSY CP problem. With democratic
Yukawas, all experimental CP results can be accommodated with small values for
the CKM and SUSY CP violating phases (i.e., CP can be considered as an
approximate symmetry at the high energy scale). We also show that within this
scenario, an entirely real CKM matrix in supersymmetric models is still allowed
by the present experimental results.
