Hollywood heavyweight has been announced as the Cannes Film Festival jury president for this year.
According to the Independent, the Australian actress will preside over the competition for the 71st festival from May 8 to May 19. This year, the festival begins on a Tuesday and ends on a Saturday.
Blanchett will be the 12th woman to lead the jury of the prestigious festival.
Talking about the accomplishment, Blanchett said in a statement, "I have been to Cannes in many guises over the years - as an actress, producer, in the marketplace, the Gala-sphere and in competition but never solely for the sheer pleasure of watching the cornucopia of films this great festival harbours."
The statement continued, "I am humbled by the privilege and responsibility of presiding over this year's jury. This festival plays a pivotal role in bringing the world together to celebrate story: that strange and vital endeavour that all peoples share, understand and crave."
The Oscar-winning actress was among the women who recently launched the Time's Up initiative against sexual harassment. She was one of the first women to speak out against Harvey Weinstein after he was accused of sexual assault by numerous women.
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Speaking about Blanchett's appointment as festival's President, Pierre Lescure, Festival de Cannes President and Thierry Fremaux, General Delegate, noted, "We are delighted to welcome such a rare and unique artist whose talent and convictions enrich both screen and stage. Our conversations from this autumn tell us she will be a committed President, a passionate woman and a big-hearted spectator."
Blanchett recently appeared in the Marvel blockbuster 'Thor: Ragnarok' as Hela.