Two-pion light-cone distribution amplitudes from the instanton vacuum

We calculate the two-pion light-cone distribution amplitudes in the effective low-energy theory based on the instanton vacuum. These generalized distribution amplitudes describe the soft (non-perturbative) part of the process $\gamma^*\gamma \to \pi\pi$ in the region where the c.m. energy is much smaller than the photon virtuality. They can also be used in the analysis of exclusive processes such as $\gamma^* p \to p + 2\pi, 3\pi$ etc.