| A new rephasing invariant parametrization for the 3 × 3 CKM matrix, called (x, y) parametrization, is introduced and the properties and applications of the parametrization are discussed. The overall phase condition leads this parametrization to have only six rephsing invariant parameters and two constraints. Its simplicity and regularity become apparent when it is applied to the one-loop RGE (renormalization group equations) for the Yukawa couplings. The implications of this parametrization for unification of the Yukawa couplings are also explored. |