International institutions in Switzerland
An unusual number of international institutions have their seats in Switzerland, in part because of its policy of neutrality. The Red Cross was founded there in 1863 and still has its institutional centre in the country. Switzerland is not a member of the European Union; the Swiss people rejected membership in a referendum in the early 1990s. Switzerland is one of the most recent countries to have joined the United Nations, in 2002, even though Geneva is the second biggest centre for the United Nations after New York, and Switzerland was a founding member of the League of Nations. The International Olympic Committee is located in Lausanne.