In Genesis 12 the Lord makes a multi part promise to Abraham.
Gen 12:1 Now the LORD had said unto Abram, Get thee out of thy country, and from thy kindred, and from thy father's house, unto a land that I will shew thee:
2 And I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing:
3 And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all families of the earth be blessed.
We're going to focus on the final part of that promise, the blessing to all the earth. Galatians 3 makes reference to it as follows.
Ga 3:6 Even as Abraham believed God, and it was accounted to him for righteousness.
7 Know ye therefore that they which are of faith, the same are the children of Abraham.
8 And the scripture, foreseeing that God would justify the heathen through faith, preached before the gospel unto Abraham, saying, In thee shall all nations be blessed.
9 So then they which be of faith are blessed with faithful Abraham.
10 For as many as are of the works of the law are under the curse: for it is written, Cursed is every one that continueth not in all things which are written in the book of the law to do them.
11 But that no man is justified by the law in the sight of God, it is evident: for, The just shall live by faith.
Here the meaning of the blessing is spelled out. That God would justify the heathen by faith. Also in verse 8, this promise is described as the gospel! [In old testament texts you will find the phrase glad tidings.]
The gospel, then is a promise to the nations that they would be justified and receive this blessing, if they have faith like Abraham. For Abraham believed God and this was accounted as his righteousness, verse 6.
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