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The Oscar-winning actor will lead a panel of industry professionals appointed to decide which film takes the coveted Palme d`Or award, among many others, reported The Guardian.
"The Cannes film festival is a rare opportunity for me. It is one of the oldest and one of the best [film festivals] in the world," said the 67-year-old actor, who starred in two Palme d`Or winners -`Taxi Driver` and `The Mission`.
De Niro also won Oscars for his roles in `The Godfather: Part II` and `Raging Bull`. He helped found the Tribeca film festival, which is now in its 10th year.
"As co-founder of the Tribeca film festival and [Qatar`s] Doha Tribeca film festival I have an increased appreciation for the jury who serve, undertaking an important role in choosing films that are represented in the world of film at its highest level.
"These types of festivals help connect the international film community and have a lasting cultural impact," he added.
The 64th Cannes film festival runs from May 11-22 this year. Last year`s jury president was American film-maker Tim Burton.
