Steve (at A Dad's Journey Through International Adoption) has a great post which explains pretty much what happens now that the Four Ministries sign off and the MOE officially approves agencies for accreditation. I'm just going to link you to his post because he did such a great job in explaining things! He lists each step that is yet to come.

Kind of reminds me of that old School House Rock song, "I'm Just A Bill."

Again, for any family and friend readers thinking this directly effects US, the answer is no, not yet - but soon!