"'I will give you and your descendants the land on which you are lying. Your descendants will be like the dust of the earth, and you will spread out to the west and to the east, to the north and to the south. All peoples on earth will be blessed through you and your offspring.'" NIV translation
God's promises that are stated here are still in effect today as the world is truly blessed through a Jew named Jesus. You can follow this promised path from Jacob to Jesus in Matthew 1. We remember that, at this time, Jacob is asleep in the land of Israel as he was about twelve miles north of Jerusalem. In the first part of this promise, we see that God confirmed that the land of Israel was given to Jacob and his descendants.
Most of the problems in that part of the world are due to man's refusal to accept this fact. The land of Israel was given by God Almighty, the Creator, to the people that are known as Jews. Any efforts of men to give the land away or to take it and give it to another people will fail. It is not possible for there to be peace in that land or even in the world without the acceptance of that fact.
In the last part of this passage, we see the promise of Jesus Christ and the fact that He is our staircase to heaven.
"'I am with you and will watch over you wherever you go, and I will bring you back to this land. I will not leave you until I have done what I have promised you.'" NIV translation
What a reassurance this verse would have been to a young man that was away from home for the first night and was going to be going even further away to a foreign land. The idea that God was going to travel with Jacob to Paddan Aram would have been a huge revelation for this young man.
This same promise is extended to us through Jesus Christ. Like Jacob, we can rest assured in the fact that God is with us and will not leave us until He has fulfilled all of His promises.