Localize terms only shown in default language

I have vocabulary using this settings

 Localize terms. Terms are common for all languages, but their name and description may be localized.

and I have view of type Term, List all the terms from that vocabulary.
Then I add the view to panel .
I did the translation for all the terms. When site in default language which is English everything fine, but when i switch the language the terms keep shown in English language.

To debug the problem I add custom php field , and I print out the term using t function , everything worked fine.

I think somewhere the t function is missing in the view code.
thanks