This thread is resolved. Here is a description of the problem and solution.
Problem: translated pages appears as drafts
Solution: This is expected only if you select the option to be 'Draft' in WPML > Settings > Translated Documents Option : http://take.ms/EEfNO
In front end translation is visible - it may visible to you because you are logged in and admin. - this won't visible to others
Just publish the translation and change the setting in WPML > Settings > Translated Documents Option : http://take.ms/EEfNO
Everything will be fine.
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