Christie blamed the dysfunctional leadership in the nation's capital - the Congress and the White House - for the poor state of affairs of the United States while announcing his much awaited announcement.
Christie, who was among the few governors to have met the Prime Minister Narendra Modi, when he visited the US in September last year said the dysfunctional leadership in Washington has led the US to weak leadership around the world.
A large number of Indian-Americans were present in Livingston in New Jersey, where Christie made the announcement making him the 14th Republican leader to enter the crowded presidential race for the party.
Among those who have announced the candidature for presidential elections include Indian-American Bobby Jindal, the Governor of Louisiana.
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"We have a President in the Oval office who ignores the Congress and a Congress that ignores the President. We need a government in Washington DC that remembers you went there to work for us, not the other way around," he said.
"And both parties have failed our country. Both parties have stood in the corner and held their breath and waited to get their own way, both parties have led us to believe that in America, a country that was built on compromise, that somehow now compromise is a dirty word," the Republican leader said.
"The reason we do is because we have to make this once again the country my mother and father told me it was. That as hard as you work, that's as hard and high as you'll rise," he said.
"That's not the case anymore. We can't honestly look at our children and say that to them because we have an economy that is weak and doesn't present them with the same opportunities that Mary Pat and I were presented with in the mid-1980s when we graduated from college," he added.