What are the current obligations of Treaty of Lausanne?
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Of course, many stipulations of the treaty are still in effect. The borders it delimited remains the international border of today. The Republic of Turkey continues to be recognised internationally. The ancient capitulations are still abolished. The forced population exchanges have happened and are not being reversed.
Control of the Turkish Straits, as you mentioned, was regulated as a demilitarised zone in an annex to the Treaty of Lusanne. That Convention, however, have long been superseded by the Montreux Convention of 1936.
So basically the fantastical claims are no more than a conspiracy theory, concocted variously as a looming threat or as an excuse for real or perceived difficulties. The Treaty of Lausanne does not have an expiry date. The text of the treaty can be read here.
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The Treaty of Lausanne, like any other international treatiy, is valid for a hundred years. But the thing is, after a hundred years, if both sides that are involved in the treaty have not came up with a new treaty, the old one is still considered as valid.
I am from Turkey and even though I oppose him, I don't think that ErdoΔan is stupid enough to believe that he will be free from the obligations of the treaty.
This propaganda is for pump up the the project "Kanalistanbul", because when this project first came up, the opposing media in Turkey declared that "No one will use this canal because it is free to pass through Bosphorus". So they tried to pull off a lie like that. Also the project will have disastrous effects on Istanbul.
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