What is the significance of the Abrahamic Covenant?

The Abrahamic Covenant has greatly influenced the course of human history, as it was the watershed moment in God's decision to save the world from sin (Galatians 3:8). The promise is affirmed as an everlasting covenant throughout the Bible (Genesis 17:7-8); Psalm 105:9-12), and the Apostle Paul confirmed that it could never be annulled (Galatians 3:17). Most theologians agree that the covenant was unconditional, although some believe it was conditional upon Abraham showing his willingness to sacrifice his son Isaac (Genesis 22:15-18) - an act that Abraham fulfilled completely. The return of the Jewish people to the Land of Canaan - their everlasting possession - is in fulfillment of the promises contained in the Abrahamic Covenant.