We review the present status of CP violating problem in supersymmetric
extensions of the standard model. We analyze the constraints imposed by the
experimental limits of the electron, neutron, and mercury electric dipole
moments on the supersymmetric CP phases and show that only the scenarios with
flavour-off- diagonal CP violation remain attractive. These scenarios require
hermitian Yukawa matrices which naturally arise in models with left-right
symmetry or a SU(3) flavour symmetry. In this case, epsilon_K and
epsilon'/epsilon can be saturated by a small non-universality of the soft
scalar masses through the gluino and chargino contributions respectively. The
model also predicts a strong correlation between A_{CP}(b-> s gamma) and the
neutron electric dipole moment. In this framework, the standard model gives a
the leading contribution to the CP asymmetry in B ->psi K_S decay, while the
dominant chargino contribution to this asymmetry is < 0.2. Thus, no constraint
is set on the non-universality of this model by the recent BaBar and Belle
measureets.Comment: 34 pages, 10 figures. Invited review article for International
Journal of Modern Physics