We introduce the concept of two-color multistep cascading for vectorial par
ametric wave mixing in optical media with quadratic (second-order or chi((2
))) nonlinear response. We demonstrate that the multistep cascading allows
light-guiding-light effects with quadratic spatial solitons. With the help
of the so-called ''almost exact'' analytical solutions, we describe the pro
perties of parametric waveguides created by two-wave quadratic solitons. [S
1063-651X(99)50511-4].