In April of 1992 he was appointed in command of Russian Far Eastern Military District. In December of 1995 an initiative group of voters nominated General Viktor Chechevatov as a presidential candidate for the 1996 Russian presidential election, but Chechevatov soon withdrew his nomination in favor of Boris Yeltsin. Earlier in 1995 there was information that he was offered a post of First Deputy Commander of Russian Ground Forces in place of the sacked Eduard Vorobyov. Also, there was an incident with his son Andrei Chechevatov who was involved in street shooting as part of road rage which led to casualties, but no prosecutions against Andrei. Yeltsin met with Chechevatov in May of 1996 when he was on official trip to China. Following the presidential elections in July of 1996 President of Russia Boris Yeltsin personally has invited Chechevatov to Kremlin when an issue has been raised about appointing a candidate to the post of Minister of Defense of the Russian Federation after dismissal of Pavel Grachev due to the First Chechen War. At that time mass media have informed about offer to Chechevatov to take the post of minister and his refusal from it. After the meeting with Yeltsin, the post of minister was given to Igor Radionov. On 27 February 1997 Yeltsin again met with Chechevatov in Kremlin when his candidacy was presented to post of the commander-in-chief of Ground Forces, but was not approved. Later in 1997 Chechevatov participated in scandalous meeting of the Russia Defense Council at which were sacked from their posts Minister of Defense Igor Radionov and Chief of General StaffViktor Samsonov and during which right in the course of the meeting Yeltsin offered Chechevatov to take the post of Chief of General Staff. In respond the General asked President about a five-minute confidential conversation, after which the issue about his new post was never raised again. What they talked about is not known, but the General Staff office was headed not by Chechvatov, but Anatoly Kvashnin. In the beginning of 1998 Chechevatov turned out to be involved in a conflict situation between Naval and Ground forces caused by the actions of the Ministry of Defense to "optimize the structure of the armed forces". Due to the start of the 1999 NATO bombing of Yugoslavia, in March of 1999 Chechevatov declared that he is ready to head any military formation of volunteer or regular armed forces to help Yugoslavia and called other volunteers to go to Yugoslavia. In his letter to Yeltsin, Colonel General Chechevatov stated that bombing of Yugoslavia may turned out in the near future to be just a rehearsal of similar strikes on Russia. In context of the Kosovo issue, the name of Chechevatov also was raised in negotiations between Boris Yeltsin and Bill Clinton when after complaining to Clinton that communists pursue Yeltsin to send forces to Yugoslavia, President of Russia told that he even fired Chechevatov who wanted to deploy a battalion to help Milošević. In August of 1999 Chechevatov was appointed a director of Military Academy of General Staff.
Retirement
Chechevatov officially retired in 2005. In 2005–06 he actively was involved in public life and held number of office in various public organizations such as "Nakaznoy Ataman" of the "Far Eastern Military Cossack District" as well as Chairman of the Board of Trustees, under the auspices of Grand Duchess Maria Vladimirovna, a head of House of Romanov and Foundation of the Cavaliers Duma of the Imperial Military Order of St. Nicholas the Wonderworker. In July of 2006 Chechevatov was appointed a rector of Russia Customs Academy.
