Reference: The insertion of the text from Acts continues.
Acts 3:25-26
25 Ye are the children of the prophets, and of the covenant which God made with our fathers, saying unto Abraham, And in thy seed shall all the kindreds of the earth be blessed.
26 Unto you first God, having raised up his Son Jesus, sent him to bless you, in turning away every one of you from his iniquities.
In both the Old World and the New World, these verses serve to reiterate the covenant promise to the House of Israel. In the New World, the explicit context is the future fulfillment of this promise in the gathering that is not yet, but is to come.